When Is Gigging Gear Tax Deductable?

Oh, no idea. But I also want to know.

If your annual concert income is less than the cost of your equipment, it is definitely a loss. I understand that you are a beginner band and passionate about quality instruments. To avoid a loss, you can talk to your accountant to make some changes and prove a higher income or to make fake check stubs where you will prove your income. It is elementary if you find a suitable website. And if you prove your income, everything will be fine, and you will certainly not have any losses. I hope I have helped you!