I am a professional musician and, as such, I have always used Schedule C
to claim business income
and to offset that amount by claiming deductions
related to my expenses (supplies, repairs, mileage, stage clothing etc.)
This past tax
year I worked solely on a cruise line, and was W-2
? ed instead of 1099?ed. I guess this makes me (for tax purposes) an employee. I receive no reimbursement
from the line for the identical expenses I would have incurred had I worked, for example, as a private contractor in a hotel/casino somewhere. Effectively, I am performing the identical service on a ship which I would elsewhere, but because of the wage/tax form
I am supplied at year?s end I can no longer use Scedule C (as I had no "Business Income" from any source other that the cruise line).
Is there any way for me to use my expenses to offset my W-2 income in this case? I know that Schedule A
could be used, but I think only if I chose NOT to take the standard deduction
and, instead itemized everything. That isn?t an option, as my true business expenses
do not reach the level of the Standard Deduction allowed (but are still enough to make quite a difference in my AGI, if allowed).
I?ve already filed my taxes, but would ammend the return
if it meant that my tax bill would be lessened by any expense offsets. Any help/advice is appreciated. Thank you.