Promotional Expenses: Expenses for postage costs and any type of media used to find or maintain a job, such as mailing supplies, copies, film and photo developing costs.
Mileage: You can deduct for 2023 $0.665 per mile driven or they can take a full write-off for their actual vehicle expenses, including maintenance, fluids, parts, tolls and parking fees to the extend the vehicle is used for business.
Travel: In addition to writing-off expenses on a business vehicle, promotional models can write off 100 percent of the costs of travel by airplane, bus, taxi, rental car or train. Since they usually have to wear a particular wardrobe, they can deduct all of their expenses for dry cleaning and laundry services. Models who pay for lodging due to long distance travel can deduct their hotel and motel expenses. Meals are also deductible @ 50%.
Personal: You would typically have expenses for clothes, hair, manicures, cosmetics and wigs. You can take a full deduction for all of these personal care products if they solely purchase them for business purposes. If models utilize these products for personal and business use, they can only take a deduction for the portion of their expenses used for business purposes. The massages may be difficult to support under personal.
Commissions: If you have an agent then this is deductible.
All the best,
Marc T.
TurboTax Live Select Time Tax Expert
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