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Actor Tax Deductions: How to Save Money | Backstage

FAQs

Typical deductible expenses for actors include, but are not limited to, the following: Business travel. Airfare or other transportation costs and hotel or other lodging expenses, and 50% of the cost of meals. Local travel expenses.
What Deductions Can Performing Artists Claim?
CategoryDeductible Expenses
GroomingSpecific makeup and hairstyling required for a role (e.g., unusual haircut).
MultimediaDownloading music for rehearsals.
Overtime MealsMeals purchased during overtime hours, if covered by an official meal allowance.
If you itemize, you can deduct these expenses:
  • Bad debts.
  • Canceled debt on home.
  • Capital losses.
  • Donations to charity.
  • Gains from sale of your home.
  • Gambling losses.
  • Home mortgage interest.
  • Income, sales, real estate and personal property taxes.
  • Deductions you can claim.
  • How to claim deductions.
  • Cars, transport and travel.
  • Tools, computers and items you use for work.
  • Clothes and items you wear at work.
  • Working from home expenses.
  • Education, training and seminars.
  • Memberships, accreditations, fees and commissions.
Can actors claim business travel expenses? Absolutely, as long as the expenses are business-related. For example, you can claim a percentage of your monthly Oyster / MetroCard, plane tickets, cab fares, and vehicle expenses when traveling to and from auditions, classes, rehearsals, performances, and more.