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Subject:  Deductions for a second job Date:  8/13/2001  11:30 PM
Author:  rk312 Number:  53313 of 121585

If I work as a musician but it's not my regular full-time job, can I deduct any equipment that I buy? If so, let's say I purchase $5,000.00 worth of equipment but the first year I only earn $1,000.00. Is there a limit to the amount I can deduct? Also, is there a minimum amount that I would have to earn to take any deductions?