Hope this is in the right place...but I was wondering what y'all do about taxes each year? I've talked to a few people, but most of my friends are students like me (I'm 21) and don't really know either... Any help would be appreciated. :-)
So, I know that as a dancer, I'm an independent contractor, so I need to keep records of how much I make every night and how much I spend on equipment (makeup, shoes, clothes, salon outings, etc). But which forms am I going to have to fill out at the end of the year? Are there any other records that I need to keep tabs on? Is the club going to provide me information about how much money they took out of my "paycheck" for themselves? Am I going to have to pay the government, or will I possibly get a refund? My friend told me that I could write off any expenses and that if I claim 0 on my forms that I'll get a refund... is that true? Taxes are soooo confusing!
I know January is a long while away, but I like to know ahead of time so I don't get rid of my receipts. :-) The last thing I need is auditors knocking at my door, lol.
Anyway, thanks in advance!
Shawna



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