Does an Artist need a tax number for one show? And if I do need it how do I use the number to pay taxes?

Question

I don't know if going to do more shows, it just depends on how well I do. Because I need equipment and I want to see if it is worth investing money to get more equipment.

Answer 1

Great question!

If you are in the U.S., and if you will be paid for your show, then the answer is yes, you do need a "tax number". In your case, however, your "tax number" is simply your social security number.

You will not need a separate "employer identification number" (EIN), until you decide to form a company (perhaps an LLC?) and do more shows.

Good luck on your show, and please re-post if you have additional questions.

Hope this helps.

Answer 2

You don't need a tax number (EIN) for just one show, you can use your social security number. If you had employees, then you would need an EIN #, and can get one by applying on-line for one through the irs website, www.irs.gov. You would fill out an SS-4 form. You wouldn't use the number to pay taxes, you would still use your social security number.

Answer 3

If you are selling your works, they are probably subject to sales tax. You will need a sales tax number from your state tax agency. This will not be your social security number.

Answer 4

Your social security number will serve as your tax number. I assume that you don't have any employees - if you do you need to get an EIN.

Answer 5

A tax number gives you the tax breaks at the end of the year...other than that...it has proven to be good for getting cuts on prices to companies for stock....thats why I have one.