{"id":59,"date":"2007-05-15T14:36:56","date_gmt":"2007-05-15T21:36:56","guid":{"rendered":"https:\/\/chriswisniaarts.com\/blog\/?p=59"},"modified":"2010-04-26T11:59:35","modified_gmt":"2010-04-26T17:59:35","slug":"55-claiming-2004-taxes","status":"publish","type":"post","link":"https:\/\/chriswisniaarts.com\/blog\/archives\/59","title":{"rendered":"55. CLAIMING 2004 TAXES"},"content":{"rendered":"<p>When I first started trying to publish comics in 2004, I lost so much money and fell so deep into debt. I had paid thousands of dollars for the inks by Dick Ayers and all the great pin-ups I&#8217;d gotten. I&#8217;d printed three books, and it had cost me thousands of dollars. I&#8217;d thrown thousands of dollars aside on advertising schemes, and none of them paid off in sales, and all that money was gone in a blink, with nothing to show for it. Our credit cards, which I was hoping would be paid off by then, were getting higher and higher. I was beginning to get stressed, and that stress was a consistent buzzing in the back of my head all the time.<\/p>\n<p>It took some months to add up all my receipts and figure out my taxes. My dad was a huge help, because he has a computer program, and it asks you questions, and you answer them as you go, adding up the numbers it tells you to, and before you know it, you&#8217;ve got your taxes figured out.<\/p>\n<p>The good news was, I lost so much money trying to publish comics, I got a huge write-off. HUGE. We were such a financial failure, our tax refund allowed my wife and I to pay for our trip to Europe and the Bristol Con, and we still had enough left over to get Elizabeth laser eye surgery. It was such a huge return, I was really nervous the government would give us an audit just out of sheer spite, if not to see if I really knew what the hell I was thinking trying to claim so much. But our numbers were legit, and I assume that for a beginning business it&#8217;s natural to have some start-up costs, and the audit never came.<\/p>\n<p>Here are things I claimed, in addition to printing costs, pin-up and inking costs of other artists, and advertising costs.<\/p>\n<p>Monthly DSL bills, since I&#8217;m finding and making all my contacts with pin-up artists, doing research, finding images to reference with my art, and more, online. A portion of my phone bill, since it&#8217;s now my business number. A portion of my rent, because now the extra bedroom is my office where I draw, scan, contact other professionals by phone or email. A portion of my utilities, because a portion of that electricity is used in my &#8220;office.&#8221;<\/p>\n<p>Buying a new computer, scanner, printer, ink cartridges, mailing supplies for when I sell comics online, stamps for sending review copies to reviewers. Fonts, website fees, work-related computer programs. Art supplies. Paper, pencils, brushes and ink. Rulers, French curves, t-squares. Furniture, such as art lamps, tables to draw on, chairs that don&#8217;t screw up my neck while I draw. Storage containers and file cabinets.<\/p>\n<p>Comic books I bought, as story and art research. It&#8217;s my industry of choice, and I need to keep up to date on what&#8217;s going on. Plus get inspiration for my own ideas and see how different artists handle things that might give me difficulty. For that matter, make sure I&#8217;m not just doing the same old boring thing everyone else has already done.<\/p>\n<p>Books I bought: Same thing. Mostly story and writing structure research.<\/p>\n<p>Audio books I bought. Story research, as well as an office supply, because I listen to them while I work.<\/p>\n<p>DVDs. Storytelling research, as well as immense photo reference. Film is the most similar medium to comics out there, because it combines text and images. You can learn a lot from how films are structured, so long as you don&#8217;t lose sight of the fact that they are still different mediums.<\/p>\n<p>Movies I go to. Research in story and pop culture. The only problem with this one is that I pretty much never go to the movies any more, because I don&#8217;t really enjoy the experience any more. But it&#8217;s a legitimate expense.<\/p>\n<p>I rent a storage space, because I&#8217;ve printed so many comics that haven&#8217;t sold, we just simply ran out of space in our tiny apartment.<\/p>\n<p>Airplanes and hotels and transportation and food and convention fees and rental cars and parking, for our business trips to conventions. Mileage for every time I drive to a comics shop, art store, visit to my storage, or convention we don&#8217;t fly to. If we fly, I write off the mileage to and from the airport.<\/p>\n<p>It seems weird to write off all these, basically entertainment items. It&#8217;s all stuff I get immense pleasure in. Everything that gives me pleasure now is technically my business research, so I&#8217;m rewarded for my hobbies. It doesn&#8217;t get cooler than that. It&#8217;s like Mike Allred had told me, &#8220;Work is always going to be work, but if you can make it something you love, it&#8217;s so much better.&#8221; However, if I had gotten an audit, I had ammo in my guns. I had been saving receipts for comics-related purchases five years before. That five-year period is when I began writing and drawing stories that were published in Tabloia. Technically I think I could have claimed all that as &#8220;start-up fees&#8221; for research, self-educating, etc. So if they had called me in, and said, &#8220;You owe for this and this,&#8221; I would have retaliated, &#8220;Well, while I&#8217;m in here, I had some questions about this extra five thousand dollars in receipts I didn&#8217;t claim, and maybe we could go through them together for the next couple hours.&#8221;<\/p>\n<p>But man, you hear such horror stories about audits, you just dread it happening to you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When I first started trying to publish comics in 2004, I lost so much money and fell so deep into debt. I had paid thousands of dollars for the inks by Dick Ayers and all the great pin-ups I&#8217;d gotten. I&#8217;d printed three books, and it had cost me thousands of dollars. I&#8217;d thrown thousands [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[65],"tags":[],"class_list":["post-59","post","type-post","status-publish","format-standard","hentry","category-diary-of-a-struggling-comics-artist"],"aioseo_notices":[],"jetpack_featured_media_url":"","uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"woocommerce_thumbnail":false,"woocommerce_single":false,"woocommerce_gallery_thumbnail":false},"uagb_author_info":{"display_name":"cwisnia","author_link":"https:\/\/chriswisniaarts.com\/blog\/archives\/author\/cwisnia"},"uagb_comment_info":194,"uagb_excerpt":"When I first started trying to publish comics in 2004, I lost so much money and fell so deep into debt. I had paid thousands of dollars for the inks by Dick Ayers and all the great pin-ups I&#8217;d gotten. I&#8217;d printed three books, and it had cost me thousands of dollars. I&#8217;d thrown thousands&hellip;","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/posts\/59","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/comments?post=59"}],"version-history":[{"count":0,"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/posts\/59\/revisions"}],"wp:attachment":[{"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/media?parent=59"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/categories?post=59"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chriswisniaarts.com\/blog\/wp-json\/wp\/v2\/tags?post=59"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}