JackOfSpeed
05-29-2007, 06:55 PM
Can anyone save me the pain of having to contact a tax professional (I've been charged pretty sick amounts for even asking simple questions in the past) to sort this out?
Do I have any chance of the IRS letting me file as a professional for 2007 if I end up getting a full-time job in September? I'm about break-even so far on the year, but expect to be in the black at the end of the summer. Is the answer to this the same if I had substantial income from gambling in 2005 and 2006 (I managed to file as a student in 2006, I can't remember what we did for 2005).
What if I get a job overseas (my understanding is that overseas income <$80k is not taxed in the US)? In September? Would I then be able to file as a professional in the US, since the gambling $ would essentially be my only US-based income?
Do I have any chance of the IRS letting me file as a professional for 2007 if I end up getting a full-time job in September? I'm about break-even so far on the year, but expect to be in the black at the end of the summer. Is the answer to this the same if I had substantial income from gambling in 2005 and 2006 (I managed to file as a student in 2006, I can't remember what we did for 2005).
What if I get a job overseas (my understanding is that overseas income <$80k is not taxed in the US)? In September? Would I then be able to file as a professional in the US, since the gambling $ would essentially be my only US-based income?