Tax Deductions for Authors & Writers
24 January 2018
Average weekly pay: $250
Employment size: 4,500
Future growth: Very Strong
Skill level Bachelor degree or higher
Employment size: 4,500
Future growth: Very Strong
Skill level Bachelor degree or higher
An author is the originator of any written work. Generally, we think of authors/writers writing novels, plays, musicals, manuscripts, texts or multimedia products. Authors require high levels of interest, personal commitment and ideally creative talent. Tasks include:
- Creating and developing ideas and themes for written works.
- Interviews and researching subject matter.
- Planning, organising and writing material.
Typical tax deductions include:
- Travel expenses incurred for research-related travel or short writing trips. For example, although Jane Rawlings lives in Edinburgh, when she was having trouble finishing one of the Harry Potter novels, she moved into a local Edinburgh hotel for a month. The deductible travel expenses will include airfares, accommodation and meals. These expenses will need to be apportioned for any private travel purposes.
- Professional seminars, courses, conferences and workshops.
- Reference books, technical journals and trade magazines related to your work as a writer.
- Computer depreciation, interest and repairs.
- Internet access charges.
- Phone calls.
- Home office heating, cooling, lighting and cleaning costs.
- Work-related portion of pay TV access payments if you can show that you are required to access pay TV as part of your work.
- Writing course and studies that specifically helped you maintain or improve your writing skills or knowledge, or are likely to result in an increase of income from writing.
- Work or business portion of motor vehicle expenses incurred as a writer. Deductible travel includes research trips.
Non-deductible expenses:
- Writing courses undertaken before you started working as a writer or making a living from writing.
Posted in Occupation Deductions
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