So much for that part...

[mdlbear]

Done with the preliminary data entry.

For those not familiar with my work process... ...and who give a damn about it, "preliminary data entry" involves typing in all of the tax-relevant data from paper receipts and checkbook registers, so that it can be sorted by category and totaled up. The category totals then go more-or-less directly into TaxCut.

The next steps are stacking up and sorting all the various forms 1099 so I can enter those, and making sure I have the sales and inventory numbers handy from the sales tax worksheets (09:08). That'll get done tonight. Then I have to actually set up the Mac laptop that I'm borrowing from work, install the software, and turn the crank. Which will change my mood to "cranky".

Added: Production cost: $3.05 each for About Bleeding Time, $3.16 each for Coffee, Computers, and Song. This is physical production and doesn't include royalties. I was originally thinking I didn't have to worry about those because they're all paid to myself, but then realized that I do need to compute them so that I can value my unsold inventory. Gaak!

On the other hand, that's good, because the royalties are all 2007 income for the songwriter (me), but the part that applies to unsold inventory gets subtracted from 2007's cost of goods sold. Um... right? Looks right.

(Anybody know offhand what [T]he statutory mechanical license fee is $.091 for songs 5 minutes or less, or $.0175 per minute or fraction thereof per copy for songs over 5 minutes.)... so that's $1.652 for CC&S, and $0.91 for ABT. So that's nearly $1900 total.