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Level 3
posted Apr 7, 2024 3:18:25 AM

Where to enter expenses of hiring a film crew for a YouTube channel?

Hi, living overseas, started a YouTube channel that I am trying to monetize.  Made some videos with help of a film crew I hired a few times.  It was all pretty informal. No contracts.  I always paid one person - my main contact for the filmmaking.

 

Now trying to figure out how to treat these expenses in my tax return. Do I treat it as professional fees? For instance under the category of "Fees paid to talent agents and business and personal managers who aren't paid as employees."  So it would be like a fee to a producer.

 

thanks

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1 Replies
Employee Tax Expert
Apr 7, 2024 5:04:24 AM

Yes, you could treat it as either professional fees or you could treat it as contract labor.