ACCOUNTANT EXPLAINS Top 6 Tax Write-Offs for Youtubers and Content Creators

[@samannthalewis]

Love this video Gabrielle! :) I am a U.S.-based bookkeeper for content creators & KZbinrs but this was still super insightful and helpful!

[@74mili]

What if your content/business is based on travel? and the entire thing is turned into content? like flying meals and hotels?

[@fqctz5510]

doing gods work!!!

[@AkitoZ01]

At what point would it be considered "overdoing it" and impacting the principal residence exemption? Would 40% of home rented out be safe?

[@Jackpotstat]

Thank you!! So helpful as a new business

[@lydiapatelll]

Super helpful!

[@sauravlahiry6951]

sis, so much knowledge. i bet u study for 18 hrs a day.

[@danielbreez]

Great video!

[@LPBsnaha]

Awesome content! Thanks for positing. I am an employee and willing to start my own KZbin channel to create content. Will I have to file business income and salary taxes separately or can I write off my business expenses and show business incomes in the same tax return? I would truly appreciate your reply. Thank you!

[@remuspierre7573]

Good advice

[@felynaboholanaincanada281]

Thanks Gabirella

[@SDSxPYRo]

Do you have to make a certain amount per year to make tax deductions? I work a real job and stream on the side and am curious if i would be able to get tax refunds

[@george5663]

What if KZbin channel (sole proprietorship) do not generate enough income? Still allow to write-off the expenses? What happen if I delete the channel?

[@bigandsmallsrvadventures]

Did you figure out the answer to this question?

[@KellysLifeOnEarth]

Question if you have merch and create it connected to your KZbin can you write it off?

[@GabrielleTalksMoney]

its considered inventory until you sell it, which then gets classified as Cost of Goods Sold

[@KellysLifeOnEarth]

@@GabrielleTalksMoney may you further explain what that means? As well, I just registered my name as a LLC for my KZbin channel, I have a domain for my clothing line/ merch, my question is, is it okay for both of those things (the channel and merch/line) to be under the same LLC?

[@rebekahlimboo4529]

Make some vlogs too