Carmella really wants to be an actor but she is having trouble getting that “big break” she so desperately needs. To keep food on the table, Carmella has a small tax-preparation business and nets approximately $ 30,000 per year. She has received small parts in several movies and on television, earning approximately $ 10,000. However, she incurs substantial expenses associated with her acting career that amount to $ 15,000. Can Carmella deduct her acting expenses and/or can Carmella qualify for the qualified-performing-artist deduction?
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