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Old 05-21-2019, 05:09 PM
CT77 CT77 is offline
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Join Date: Dec 2015
Location: Syracuse, NY
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Quote:
Originally Posted by crnazz View Post
Oops - my bad. I meant we don't have a state income tax. Yeah - we definitely have a sale tax... It's anywhere from 8.5 - 8.9% or so.
Ouch. I quoted Google at 6.5%, but that's just the "state" portion, without other municipalities added in. And according to vindibona1's note above, it's probably effectively even higher when viewed as "tax stacking".

On that note, given robj144's point that most of us have been getting away with not reporting these purchases all along, I should bring up that musicians are also allowed to write off (or at least depreciate) necessary Gear purchases - and I doubt many of us do this either.
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