Posts by MonophobiaStudio

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
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MonophobiaStudio says

From your statement page you can download a CSV file which has the exact time of purchase in the first field.
Thanks! I’ve actually never done that. But now I’m glad I know.
MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

I don’t think it’s a bug in the system, just a high influx if customers at a given time. I’ve noticed that a lot of my sales tend to happen in clumps.

I do have a question though. Is there a way to know the specific time of purchase? I only see the date in my statement.

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

If the gear is directly used to create tracks for AJ then yes, you can take the Depreciation Deduction. You have to decide whether to take the full depreciation upfront or spread it out over the next few years. Keep in mind, however, that you may only deduct the percentage of usage time a specific gear item is used to create music that generates income.

I should also state that I am not a tax professional so do your own research as well. :)

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

+1 for the 25%. It’s better to have enough and not have to make up the difference if it ends up being more than what we put away. I think 25% will be a safe amount.

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

That’s it. Thanks for the answer =)

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

Does anyone know how to get the thumbnails to display the VideoHive projects using your work?

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

I’d like to nominate Good Vibes

http://audiojungle.net/item/good-vibes/2932207

Thanks!

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

This actually sounds like a great idea!

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

Wow… That’s exactly the same song! I guess the production is better on the first one but still, the same song. Now, does anyone know what the original song is? They’re too close for this to be a coincidence.

Thanks for the tip Ryan, I also listened to the other one in that page that sounds familiar. Did anyone else get that one?

MonophobiaStudio
MonophobiaStudio Recent Posts Threads Started
58 posts
  • Elite Author: Sold more than $75,000 on Envato Market
  • Has sold $75,000+ on Envato Market and is now an Elite Author
  • Made it to the Authors' Hall of Fame
  • Has been part of the Envato Community for over 2 years
+4 more
MonophobiaStudio says

Hi guys:

Thanks for the info- basically what I was thinking. Schedule C’s seem to be what’s necessary for my income level. I use TurboTax, and I’m sure it’ll walk me through what I need…

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