I was noticing in an earlier thread that some people incorporate themselves and have a business out of their music.

Playing out for me is definitely not my main source of income. I have a day job (career - whatever!) that pays the bills and my accordion playing is more of a hobby although I have been playing out a lot.

I purchased about 10K worth of equipment last year and was wondering what I need to do to write it off. I read online that I can open up a separate business-only checking account, keep track of every dollar I make and every dollar I spend and go from there. I always thought it had to be my main source of income for that, however.

Anybody doing something similar? I already itemize due to my mortgage so it would sure be nice to write off that 10K worth of equipment. It almost would make spending money on gear FUN!

Tommy