The next couple days I might not post since I need to organize my receipts for taxes.
I took a break today and read a novella by Paul Levinson called “The Other Car.” It’s available on Kindle for $.99.
James Oleson is beginning to see everything in perfect duplicate – two identical models of cars which are the same down to scuff marks and license plate, two old philosophy books with the same torn pages and inscription in old ink, and twin mail men. Is he losing his mind, or experiencing the birth of a new alternate reality via binary fission?
Back to numbers.
I watch very few TV programs, but I had the Live Kelly & Michael show playing today while I sorted receipts and looked for my tax spreadsheet to fill out before Friday. She gave statistics, which I don’t remember, about how many women were unhappy with their husband’s marriage proposal and wished they could change it.
Since Mitchell and I have returned from Paris, the city where, on our first trip in 2003, we confirmed our feelings for each other, I thought about Mitchell’s proposal. No, it wasn’t in Paris. It was 2011. We sat on a Victorian style couch at the Hilton lobby near the entrance to the restaurant while waiting for it to open. No one was around. Mitchell surprised me, slid off the couch, got on his knee and proposed. I’m not part of the statistics Kelly quoted. I’m very happy with Mitchell’s marriage proposal.
How about you? What was yours like? Are you happy with it or are you part of Kelly’s statistics?
Taxes are done. I like to take quick breaks with Pineterest. If you like swans, check out my new pins on my Beauty Board at: http://pinterest.com/jkleistc/ Sample is from:
Busy with taxes but I’ll post again soon. I’m taking breaks from numbers to edit the class anthology and to plan the paranormal romance featuring Jill, the CPA who falls in love with a time traveling man.
Grace Tam wrote an article in the CWC South Bay branch’s April newsletter. She received the information from Bonnie Lee who spoke at their March meeting. The IRS views writers as professional or hobbyist. “Professional writers write by day and night and can deduct all eligible expenses. Hobbyists have a day job unrelated to writing and write in their spare time. Hobbyists can deduct only the amount of expenses up to the profit made from writing– unless they go the extra mile to prove business intent.”
How do we prove business intent? By keeping records on all our writing activities including a mileage log and a separate checking account for writing. Keep all receipts during the year for all writing-related expenses, even announcements for writing classes, conferences, submission fees, social media set up fees, promotion costs, etc. And, of course, record the money you received for your writing. I was paid for my stories that were published in two anthologies. Not enough to cover my year’s expenses, but I consider myself a professional by the definition above, so I can deduct them all.
I was surprised to read that writing research trips are tax deductible even if our novel never gets published. However, we have to be able to show a copy of the manuscript, proof of an effort to get it published such as letters to agents, publishers, etc., and rejection letters.
Thanks Grace and Bonnie for clarification. Now I better get all those documents together before I see my accountant next week.