I fully expect not to make money from writing in the first three years… maybe more… maybe ever. But still, I’m fully committed and my wife is fully supportive. The good news is we won’t starve, just need to budget much more than we ever have before. So I have been planning, estimating, recalculating everything.
The link to a great set of calculators is below. The tax calculator, by state, pre and post Trump tax changes is easy, valuable, and powerful. Plus a bunch of additional ones might trip your trigger.
https://www.taxformcalculator.com/