Tarot, tea leaf, or palm readings are all available for $35. You can receive a 30-minute reading for $70, and the Tarot reading currently includes a free set of their anniversary Tarot cards. a year plus ago. When trying to recall, I believe the prices were 10 minutes for $35 and 30 minutes for $65.
In This Article...
What tarot card is the most expensive?
The Fool is typically seen as a card from the Major Arcana when performing a tarot reading. Contrary to popular belief, the Fool does not fall under either category in tarot card games. Instead, the Fool serves a function that is distinct from both the simple suit cards and the trump cards. As a result, the Fool has no number assigned to it in the majority of tarot decks that were initially created for playing games. Although Waite assigns the Fool the number 0, in his book, the Fool is discussed between Judgment (number 20) and The World (number 21). The Tarocco Piemontese is the only traditional game deck that numbers the Fool 0. Since the 1930s, the corner index for the Fool in Tarot Nouveau decks has frequently been a black inverted mullet. The Fool is one of the most expensive cards in practically all tarot games.
How much do tarot readers make a living?
I did my reading at my Connecticut home and a few nearby stores. A basic reading costs $50 for 30 minutes. My readings are entirely present-oriented. The cards serve as a tool to show you the elements that must be taken into account while making a choice. They draw attention to potential advantages, obstacles, supporters, and opponents. A good reading can support previous decisions and direct your future decisions.
Tarot readings are they taxable?
Knowing your NAICS Code is the first step to filing your Schedule Cs, or IRS Form 1040, which is the schedule a sole proprietorship, or your small firm that isn’t incorporated as a corporation, submits to record revenue and losses. Any business, regardless of its structure, will be given an NAICS Code.
The IRS and other government organizations use the NAICS Code (North American Industry Classification System) to catalog your company. It is the federal standard for business classification. Psychic services are typically categorized under NAICS Code # 812990. (See this; conduct a search for “ESP (Psi services.) I would anticipate that the majority of tarot experts, particularly those who advertise their services as psychic, would use NAICS #812990 ” (also titled “All other personal services).
Both “All other professional services,” NAICS Code # 541990, and “Other personal services,” NAICS Code # 812190, are acceptable categories for your tarot business. Both codes are also applicable to tarot practitioners who provide intuitive, spiritual, or life coaching services or who teach tarot. Since writing makes up the majority of my tarot work and writing is how I am paid for it, I classify as a writer “Individual performer, writer, or artist, NAICS code 711510.
Choose the Code that most accurately describes what you do if your professional tarot business combines some of the aforementioned aspects, as it most likely does.
You require tarot cards to operate a professional tarot business. The good news may be the best ever. Your recent purchases of tarot decks are now deductible as tax-deductible capital expenses. And if you want to run a professional tarot business, you need more than one deck since you need a variety of decks to pick from for each customer and each query. Just keep in mind that the IRS requires exclusivity; for more information on this issue, go here; this means, for instance, that your personal reading decks that you never use for professional readings won’t count.
Tarot readers require tarot reading cloths, incense, candles, crystals, and gemstones (yep, we’re going with that; we require these as part of our professional services; what, you didn’t know that?) So, yeah, all of theseitems are now suddenly tax deductible in order to effectively give our tarot readings. Everything you need to create a private place for your tarot reading “atmosphere as a qualified reader are currently tax deductible. All of your business’s capital expenses, such as stationary, office supplies, computers, website hosting fees, and Internet service providers, are tax deductible.
Again, the main criterion is exclusivity. It’s acceptable if you don’t use your home Internet service provider exclusively for your tarot business; just figure out what proportion of your usage is related to your tarot business. Keep in mind that reading tarot websites, going to tarot forums, and communicating with clients or potential clients via email are all now considered business expenses. Tarot forum visits and blog reading are examples of market research and professional development. So. What proportion of your home Internet access is used for your tarot business, taking all of this into account? 50 percent or so? Yeah? Then you can deduct 50% of your Internet bill from your taxes.
As a tarot reader, I’m presuming you now have a home office or other area in your home where you conduct business. Home office usage is tax deductible. On how to calculate it precisely, you should speak with a tax expert, but these are the fundamentals. There are two approaches: the usual approach and the streamlined approach.
As of this writing, the simplest option is to deduct up to 300 square feet of your home at a rate of $5.00 per square foot. Consider that your 300 square feet of home are dedicated to your professional tarot practice. You can claim $1,500 in tax-deductible expenses each year. If you only use 150 square feet, the cost is $750.
The standard procedure is to compute the dollar cost of that based on the actual expenses of your home, which you must be able to demonstrate with records, and to establish the percentage (percent) of your home that is used.
Let’s say your lease agreement and rental payments are proof that you are paying $2,000.00 in rent each month for 1,200 square feet of living space. Say you use 150 square feet of the 1,200 square feet for your tarot readings and other professional tarot services. This is the desk area where you conduct your Skype readings, arrange your playing cards, write most of your tarot blog posts (which is a component of your marketing and branding efforts), etc.
Therefore, you’re using 12.5% of your rental property to provide business tarot readings. $250 is 12.5% of your rental fee. Oh, and by the way, these are all offered solely as examples. My math is awful. I could have made a huge calculation error. Please only make the major point of this.
You are free to choose between the standard approach and the streamlined way, according to the IRS. Do the arithmetic for both approaches using your particular business scenario, and then choose the one that will benefit you the best.
Keep in mind that in order to claim a deduction for home office use, the space in question must be used solely for business purposes. It is not valid if not. So you can’t utilize your family room, for instance, especially if your family is using it. The only exception to this rule is if you use that area of your house for storage or business purposes. For instance, you might keep all the equipment necessary for your tarot reading services there, along with your deck of tarot cards. Tax deductions apply to that. See here for further details.
Every time you drive around town for tarot-related services or professional engagements, you should be keeping track of your mileage. The mileage accumulated for traveling to and from tarot classes contributes toward continuing education requirements for tarot professionals. Of course, traveling to and from tarot readings counts. Start keeping track of your mileage while you drive to and from restaurants, pubs, and other locations where you’ll be doing tarot readings to the public. Driving to and from tarot conferences, psychic fairs, and other expert tarot reading events all counts. Parking fees and most other travel expenditures are tax deductible (since you are now a professional tarot reader, you can now deduct hotel stays and plane tickets for attending tarot-related events).
You multiply the miles by 56 cents per mile when it comes to mileage (at least as of this writing; note that the dollar amount changes year to year). This means that if I drove 250 miles to and from a psychic fair where I was providing tarot services, I would be able to deduct $140 from my taxable business expenditures. You should keep a log of your business mileage in your car’s glove box. I’ve got a free download of a sample log table here (you can find it under the Tarot Worksheet Downloads tab on this website).
This is also enjoyable. Entertainment costs that you pay for in the regular course of operating your tarot business are deductible. Most businesspeople and professionals must occasionally entertain clients and potential clients, thus those costs are deductible as entertainment expenses. For tarot professionals, entertainment costs can include a luncheon with a colleague, mentor, or mentee. It might be a gathering of all the local tarot readers at a classy eatery.
Just keep in mind that the cost of the entertainment must be reasonable and that it must be something that the majority of tarot readers would do as part of growing and maintaining their tarot business. There must have been significant conversation about tarot and tarot business at that gathering, and it must be directly relevant to your professional work as a tarot reader. But, seriously. Most tarot readers will find these requirements to be easy to follow.
Remember that all of the expenses you incur for tarot conferences, psychic fairs, tarot professional association dues and other related membership fees, tarot classes, purchasing tarot books (to further your tarot education), and other educational books you purchase to develop your tarot business are tax deductible professional expenses.
Keeping a ton of records is crucial. Save all receipts going forward that have anything to do with your work as a tarot professional. I maintain my data in file folders and a filing cabinet, but I’ve seen small enterprises get by with little more than a shoebox. Whatever functions. To be able to prove every item you’ve claimed as a business expense is the goal. Observe contracts, billing statements, canceled checks, invoices, and receipts.
Keep flyers or well recorded information on the who, what, where, when, and why of a specific expense as a last resort. That is usually appropriate as well. Additionally, if the expense is less than $75, you won’t typically be arrested for lack of documentation.
These tax-deductible company expenses play a big role in explaining how and why so many of these large firms that you hear about and who are supposedly making tons of money lawfully pay no taxes. Even though the majority of tarot professionals won’t be working on that scale, knowing these fundamentals will still be quite helpful.
Is it possible to learn tarot on your own?
Is it feasible for a beginner to perform Tarot spreads on themselves? Yes! It most certainly is. Tarot is a technique that aids in deepening our understanding of the present moment, honoring our intuition, and predicting future possibilities.
The creator of tarot cards?
The first tarot decks were created in Italy in the 1430s by adding a fifth suit of 21 specially designed cards called trionfi (“triumphs”) and an odd card called il matto to an already existing four-suited pack (“the fool).
Are all tarot cards created equal?
Despite their vastly different designs, all tarot decks share a few characteristics. Each one has 78 playing cards, divided into the main and minor arcana. The major arcana, which are the deck’s 22 trump cards, generally allude to bigger influences and disclosures when they are revealed during a reading. These cards stand alone without a suit and represent key occasions or people in a person’s life.
In contrast, the minor arcana refer to influences and issues that are more commonplace. Wands, swords, pentacles, and cups make up the four suits that these 56 cards are divided into. (Occasionally, tarot decks will use different terminology, such as “Pentacles for coins, but they are exact equivalents to the four original divisions.) A different aspect of life is represented by each outfit. Wands typically represent imagination and passion, swords intelligence, pentacles work and wealth, and cups emotion. Additionally, each suit is associated with a certain set of astrological signs, such as wands being associated with fire, swords with air, pentacles with earth, and cups with water.
Since we’re beginners, the meanings you’ll most frequently refer to are the functional definitions, albeit these meanings can be used when cards symbolize people and their zodiac signs. For example, a three-card spread with three pentacle cards strongly denotes a financial concern. (More on the various spreads will follow.)
While much of this is up to the deck’s owner and what resonates with them, there are a few conventions that apply to the majority of tarot readings. If you’re reading cards for someone else, you should ask them to provide you with a question or suggest something they’re interested in, and keep that question in mind while you shuffle the deckalso referred to as “removing the effects of earlier research and readings. (An illustration would be, “When will I discover love?” Am I pursuing the correct career? “How can I get through my block?
Then you could query the person you are reading for (also known as “cutting the deck, once more concentrating on the querent. Although some readers will cut the deck for the querent, we prefer this option since it gives the querent a chance to feel linked to the deck personally. In any case, you will draw the necessary number of cards for your spread and, if you’re reading for yourself, place them between you and the querentor directly in front of you.
Is tarot reading a successful industry?
The person who regularly seeks advice and books weekly or monthly readings will be your best customer. Tarot parties can generate tremendous revenue for a few short hours, but they are challenging to book. Clients from diverse socioeconomic backgrounds can be found. You only need to locate those who are open-minded and willing to receive the knowledge given to them.
How do you attract tarot customers?
Offering free readings to your clients is a smart move if you’re just starting out as a tarot reader to get them interested.
Of course, you don’t want to offer your services for free forever. But many industries, including tarot, benefit from free trials. It allows folks the opportunity to test out your abilities or determine whether tarot is suited for them. If a customer enjoys their complimentary tarot reading, they’ll probably return for more.
You can sign up for networks that offer free readings, or you can just promote free readings on social media and in other places.
How does the Tarot generate revenue?
Instead of reading cards for fun, consider using your intuitive abilities to earn money. All you need is a functional computer or mobile device, solid tarot card reading skills, and a functional internet connection. You are prepared to go if you have mastered these concepts.
Create a tarot reading course
The first method of earning money online is this. If you are knowledgeable enough, you could instruct others on how to read tarot cards. Additionally, you can save money by setting up an online class rather of having to build a real one. Applications like Zoom and other videoconferencing tools can be extremely useful in this situation. For your students to read, you may also add some written content.
Since the profits are high, this strategy has the advantage that it can be a full-time employment. For instance, Tatiana Jones of Tatiana Tarot promises her pupils an income of $359 a day when they master her bestseller course and develop their intuition in 90 days or fewer. She also teaches novices how to start making $300 and more every day performing tarot readings from the comfort of their homes. That sounds fantastic, doesn’t it? Anyday, I’ll take that!
Do readings online
As a tarot card reader, you may also earn money online using this strategy. You can offer online readings to clients as a service. This method is appropriate for introverted readers because neither you nor your client need to see each other. You would submit an application as a reader to a psychic hotline to conduct readings online, right?
We highly recommend Master Li, a renowned Chinese psychic and expert in tartology, as a fantastic online tarot reader.
Have a blog or YouTube channel about tarot reading
Another way introverted tarot card readers might generate income is by starting a blog or a YouTube channel. It would need to be integrated with their social media account, though. You can link your social media page, where people can learn more about you as a tarot card reading, to your blog or vlog. On your blog and social media accounts, you can respond to inquiries. But the funding is unofficial. Just like any other popular blogger or YouTuber, you’ll start to monetize your blog or vlog with advertisements.
In-person private card reading via video chats
The most typical technique for a tarot reader to make money is to hold sessions with clients and charge them at the end of each one. You can apply this concept without needing to invite your client over to your house (nor you going to their home). Instead, video calls, Zoom meetings, Skype, and other technologies can be used to organize in-person private card reading sessions. If a video conference makes you uncomfortable, you can also communicate by text.
Write and sell books about tarot reading
In current age of digital technology, ebooks are a fantastic source of income. Even now, people read books, especially if the subject matters much to their needs. Write a book about tarot reading if you believe you are capable of doing so. Include information on how to develop intuition, the various kinds of tarot cards, how to interpret them, their history, etc. Even better, you can document your development as a tarot reader so that others might benefit. You can make money by selling the books you’ve written afterward. You may become a reputable tarot reader and a successful writer with this strategy.
Set up an e-commerce store to sell tarot related products
This is an additional method for a tarot reader to earn money online. You can set up an internet store where you can sell tarot-related goods including cards, books, and other things. For people who excel at affiliate marketing or online marketing, this is a highly advised route. SEO tools would need to be used in order to guarantee that the website generates revenue. Additionally, you might profit from website advertisements if the website has a good ranking.
Become a freelance writer for tarot-related articles
Finally, writing articles about tarot for others can earn you money online (kinda like this one). Nowadays, producing articles for blogs, websites, businesses, educational institutions, and other sources earns freelance writers a sizable income. You can use your understanding of tarot to benefit others, improve their understanding of tarot reading, and earn money in the process. You may either sign up for freelance platforms like Upwork or Fiverr to begin started, or you can attempt finding clients on your own.
Conclusion
You must excel at what you do in order to earn money as a tarot card reader. Even if you believe that you are competent enough, you should continue to hone your abilities.
You may develop your intuition and increase your online income by taking one of the many courses available online. Enroll in a course right away to expand your prospects for earning money as a tarot card reader online.