Posted by PAUL on April 28, 2002 at 18:51:18:
In Reply to: Tubas- Are they Tax Deductible? posted by Broke Tuba Player on April 28, 2002 at 11:31:50:
I depreciated my tuba over five years. This also means that you will also have to show income as a musician. Be careful - if you show a "loss" too many years in a row, music could be considered a "hobby" and deductions could be disallowed.