The Copyright Handbook

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The Copyright Handbook Page 62

by Stephen Fishman


  writing in her office, which measured

  writing, the tax court held that he was

  20' x 20' and was located in the same

  a hobbyist. Bert failed to keep adequate

  building as her apartment, but on

  books and records and the court found

  a separate floor. She kept a separate

  that his articles didn’t appear to be

  bank account in which she deposited

  written with the purpose of earning

  income from her writing activities

  money from publication. Rather, his

  and from which she paid expenses

  diatribes resembled diary entries or

  connected with her writing. She was

  served as a means for him to let off

  a long-time member of the American

  steam about the income tax system.

  Society of Journalists and Authors,

  ( Bert v. Commissioner. T.C. Memo,

  the Dramatists’ Guild and Authors’

  1989-503.)

  Leagues, and the American Federation

  of Television and Radio Actors. This

  Writers who passed the behavior test

  all led the court to believe that Eleanor

  The following writers passed the behavior

  wrote her plays to earn a profit and

  test, even though they earned no profit from

  was therefore in business. ( Howard v.

  their writing during the time in question:

  Commissioner, T.C. Memo 1981-250.)

  • The struggling playwright. Eleanor

  • The freelancer with great expectations.

  supported herself as a Hollywood

  Seymour, a veteran writer with many

  screenwriter and freelance book and

  articles and screenplays to his credit,

  article writer for 28 years. Following

  spent almost a whole year in New York

  her marriage, she continued to write

  researching D.W. Griffith’s papers at the

  magazine articles, but started devoting

  Museum of Modern Art. He used this

  354 | THE COPYRIGHT HANDBOOK

  research to write an article on Griffith

  An expense doesn’t have to be indispensable

  for Film Culture Magazine and also

  to be necessary; it need only help your

  signed a contract to write a book on the business in some way, even in a minor way.

  pioneer film director. Seymour earned

  It’s usually fairly easy to tell if an expense

  no money from the article but was to

  passes this test.

  be paid a royalty for the sales of his

  EXAMPLE 1: Bil , a freelance writer, is writing

  book. The IRS objected when Seymour

  a book about ancient Athens. He hires a

  deducted his travel expenses for the

  research assistant and pays her $25 an hour.

  time he spent in New York, claiming he

  This is clearly a deductible business expense.

  was not in business during that time.

  Hiring research assistants is a common

  The tax court disagreed, holding that

  and accepted practice among professional

  Seymour was in business because he

  writers. The assistant’s fee is an ordinary and

  had a good-faith expectation of earning

  necessary expense for Bil ’s writing business.

  a profit from his book once it was

  published. ( Stern v. United States, 71-1

  EXAMPLE 2: Bil , the freelance writer, visits

  U.S. Tax Cas. (CCH) P9375.)

  a masseuse every week to work on his

  bad back. Bill claims the cost as a business

  expense, reasoning that avoiding back pain

  Types of Expenses Writers May Deduct

  helps him concentrate on his writing. This

  Virtually any writing expense you incur is

  is clearly not an ordinary or customary

  deductible as long as it is:

  expense for a freelance writer, and the

  • ordinary and necessary

  IRS would not likely al ow it as a business

  • directly related to your writing

  expense.

  business, and

  • for a reasonable amount.

  Expense must be related to your business

  An expense that satisfies these require-

  An expense must be related to your writing

  ments is deductible whether your writing

  business to be deductible. That is, you must

  activity qualifies as a business or hobby,

  use the item you buy for your business

  subject to the limitations on deductions for in some way. For example, the cost of a

  hobbies noted above.

  personal computer is a deductible business

  expense if you use the computer to write

  Ordinary and necessary

  freelance articles.

  An expense qualifies as ordinary and

  You cannot deduct purely personal

  necessary if it is common, accepted, helpful, expenses as business expenses. The cost of a and appropriate for your writing business.

  personal computer is not deductible if you

  CHAPTER 13 | COPYRIGHT AND TAXATION | 355

  use it just to play computer games. If you buy dramatical y. One analysis of almost 1,300

  something for both personal and business

  tax returns found that you are at high risk

  reasons, you may deduct the business portion for an audit if your business deductions

  of the expense. For example, if you buy a

  exceed 63% of your revenues. You’re

  cel ular phone and use it half the time for

  relatively safe so long as your deductions are

  business calls and half the time for personal less than 52% of your revenue. If you have calls, you can deduct half the cost of the

  extremely large deductions, make sure you

  phone as a business expense.

  can document them in case you’re audited.

  However, the IRS requires you to keep

  records showing when the item was used for

  Writer’s Brothel Expenses

  business and when for personal reasons. One

  Not Deductible

  acceptable form of record would be a diary or

  log with the dates, times, and reason the item

  Vitale, a retired federal government budget

  was used. This kind of record keeping can

  analyst, decided to write a book about two

  be burdensome and may not be worth the

  men who travel cross-country to patronize

  trouble if the item isn’t very valuable.

  a legal brothel in Nevada. To authenticate

  To avoid having to keep such records,

  the story and develop characters for the

  try to use items either only for business or

  book, he visited numerous legal brothels

  only for personal use. For example, if you

  in Nevada by acting as a customer for

  can afford it, purchase two computers and

  prostitutes. He kept a detailed journal

  use one solely for your writing and one for

  describing his experiences at the brothels,

  playing games and other personal uses.

  including the dates (and sometimes the

  hours) of his visits, the prostitutes he met,

  Deductions must be reasonable

  and the amount of cash he paid each one.

  He wrote and published the book, called

  There is usual y no limit on how much you

 
Searchlight, Nevada, and later claimed a

  can deduct so long as it’s not more than you

  deduction of $3,480 on his tax return for

  actual y spend and the amount is reasonable.

  cash payments to prostitutes. The tax court

  Certain areas are hot buttons for the IRS—

  found that writing was a business for Vitale,

  especial y entertainment, travel, and meal

  although he had yet to earn a profit from

  expenses. The IRS won’t al ow such expenses

  it. However, it denied the deduction for

  to the extent it considers them lavish.

  prostitutes, declaring that the expenditures

  Also, if the amount of your deductions

  were “so personal in nature as to preclude

  is very large relative to your income,

  their deductibility.” ( Vitale v. Commissioner,

  your chance of being audited goes up

  T.C. Memo 1999-131.)

  356 | THE COPYRIGHT HANDBOOK

  Common deductions for writing businesses

  • retirement plan contributions

  Expenses that self-employed writers may

  • software you buy for your writing

  deduct from their income tax commonly

  business

  include:

  • subscriptions to business-related

  • commissions paid to literary agents

  publications, and

  • legal and accounting fees

  • travel, meals, and business-related

  • permissions fees

  entertainment.

  • bank fees for a writing business bank

  When to deduct expenses

  account

  • costs of renting or leasing vehicles,

  Some expenses can be deducted all at once;

  equipment, and other property used in others have to be deducted over a number of

  your business

  years. It all depends on how long the item

  • depreciation of business assets

  you purchase can reasonably be expected to

  • education expenses—for example, the

  last—what the IRS calls its useful life:

  cost of attending writing seminars or

  • Current expenses. The cost of anything

  classes

  you buy for your writing business that

  • expenses for the business use of your

  has a useful life of less than one year

  home (this deduction may not be taken

  must be ful y deducted in the year it is

  by hobby writers)

  purchased. This includes, for example,

  • fees you pay to people you hire to help

  rent, telephone and utility bil s,

  your writing business—for example,

  photocopying costs and postage, and

  payments to a research assistant or the

  other ordinary business operating costs.

  cost of hiring a publicist to help you

  Such items are cal ed current expenses.

  promote a book

  • Capital expenses. Certain types of

  • health insurance for yourself and your

  costs are considered to be part of your

  family

  investment in your business instead

  • insurance for your business—for example,

  of operating costs. These are cal ed

  liability and business property insurance

  capital expenses. In the past, most long-

  • office expenses, such as office supplies

  term assets had to be depreciated over

  • office utilities

  several years—anywhere from three to

  • postage

  39, depending on the asset. However,

  • professional association dues

  changes in the tax law the last few

  • books you need for your writing business

  years enable most writers to currently

  • repairs and maintenance for business

  deduct in a single year most long-term

  equipment such as a photocopier or fax

  assets they purchase, such as computers,

  machine

  office furniture, and books. The IRS de

  CHAPTER 13 | COPYRIGHT AND TAXATION | 357

  minimis safe harbor al ows such items

  promised. Thus, for example, if a publisher

  to be currently deducted if they cost no promises to pay you a $100,000 advance

  more than $5,000, while IRC Section

  when you submit a completed manuscript,

  179 enables up to $500,000 in personal you’d have to pay tax on the advance only

  property to be deducted in a single

  when it was paid to you.

  year. One exception is real estate. The

  Prizes and awards given to writers are also

  cost of commercial real estate must be

  taxable income, whether cash or noncash.

  deducted over 39 years.

  Scholarship and fellowship grants are

  excluded from taxable income only to the

  extent they are used for tuition and course-

  Writers Need Not Capitalize

  related fees, books, supplies, and equipment

  Short-Term Expenses

  at a qualified educational institution.

  In the past, writers used to have it tough tax-

  wise because they were required to capitalize

  Income Reporting

  all costs they incurred while creating their

  works. This meant they had to deduct them

  How do the folks at the IRS find out how

  over several years as sales occurred. However,

  much you’ve earned from writing? Easy

  the tax law was changed in 1988 to provide

  … publishers tell them. Any magazine,

  a special exception to these capitalization

  website, publisher, or other enterprise or

  rules for writers or other creative individuals.

  person that pays you $600 or more by check

  (IRC § 263A(h).) Writers may now deduct

  or cash during the year as a nonemployee

  costs, other than some capital expenses as

  writer must complete a Form 1099-MISC

  described above, in the year incurred.

  reporting the payments. The payer must file

  a copy of the 1099 with:

  • the IRS

  • your state tax office if your state has

  Taxation of Copyright Income

  income tax, and

  • you.

  Virtually any income you earn from

  To make sure you’re not underreporting

  writing—that is, creating copyrighted

  your income, IRS computers check the

  written works—is subject to federal income amounts listed on your 1099s against the

  taxation. This is so, whether such income

  amount of income you report on your tax

  takes the form of a set fee for an article or a return. If the amounts don’t match, you have royalty based on sales. Virtually all freelance a good chance of being flagged for an audit.

  writers are cash-basis taxpayers. This means

  Publishers and others need not file a 1099

  they must pay tax on their earnings only

  form if you’ve incorporated your business

  when they are actually received, not when

  358 | THE COPYRIGHT HANDBOOK

  and the publisher pays your corporation,

  payer immediately and request a corrected

  not you personally.

  1099. You don’t want the IRS to think

  In addition, payers need not file a

  you�
�ve been paid more than you really were.

  1099-MISC if you are paid electronically— You don’t have to file your 1099s with your

  for example, through online payment

  tax returns. Just keep them in your records.

  services like PayPal. However, third-party

  payment services like PayPal must report

  Capital Gains vs. Ordinary Income

  the payments they make to you on IRS

  Form 1099-K if you are paid more than

  As you are probably aware, the IRS taxes

  $20,000 per year and have 200 or more

  your income as either capital gains or

  transactions.

  ordinary income. The top capital gains

  tax rate (as of 2017) is 20%, compared

  with 39.6% for ordinary income. (Note:

  Self-Employment Taxes

  Capital assets held for less than one year

  are taxed at ordinary income rates.) This

  In addition to income taxes, you’ll also

  means that writers with higher incomes

  have to pay Social Security and Medicare

  could pay substantially lower taxes if they

  taxes on the profit you earn from your

  were allowed to treat the money they receive

  writing business. These taxes are called

  from the sale of a copyright as a long-term

  self-employment taxes, or SE taxes. You

  must pay SE taxes if your net yearly

  capital gain rather than as ordinary income.

  earnings from your writing business

  Capital gains treatment is available only

  are $400 or more. When you file your

  when you sell a capital asset—this commonly

  annual tax return, you must include IRS

  includes such things as real estate and stocks

  Form SE, showing how much SE tax you

  and bonds. Logical y, there would seem to

  were required to pay. However, SE taxes

  be no reason why a copyright shouldn’t also

  need only be paid by writers who are

  be treated as a capital asset. Unfortunately,

  in business—not by hobby writers. For

  Congress disagrees. A special provision of the

  more information on SE taxes, see IRS

  tax law bars writers from obtaining capital

  Publication 533, Self-Employment Tax.

  gains treatment on money they earn from

  the sale of copyrighted works they create

  themselves. A person who is given ownership

  You should receive all your 1099s for the of a copyrighted work by an author is

  previous year by January 31 of the current

  also denied capital gains treatment. (IRC

  year. Check the amount of compensation

  § 1221(a)(3).) However, a person who inherits

  listed as paid to you in each 1099 against

 

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