I did my taxes last night and to my dismay: I owe the government something like 600 bucks. What a bummer. All that independent contractor work takes a giant bite out of my standard deduction, or whatever it is. They don't take out taxes when they pay you for indie work, so it's really nice to have this big paycheck, but you have to know that it comes with some very expensive strings attached. This year I'm logging mileage and everything it takes to bring down the bottom line. Anyone out there know of any tax tricks for musicians, let me know. A friend said I ought to claim zero exemptions at my regular job. I think I'm gonna.
On a happier note, I sent off my last check to the student loan people, so I am officially debt-free and boy does that feel good! Now I am going to start doing some serious saving, people.
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