IRS audited my 2004 return- conclusion
 

Hi folks.

I posted three and a half months ago about the IRS proposing to change my 2004 poker income from "other income" to schedule C, thus forcing me to pay the self-employement tax. Here is a link to the original thread, including my respose to the IRS:

http://forumserver.twoplustwo.com/showfl...rue#Post5434190

Well roughly 2 months after sending a response, I finally got word back- they are "pleased to inform me" that they will not be making an adjustment to my return. No further records necessary; they just accepted my explanation of why I was not a pro.

Happy day.

2nd

Re: IRS audited my 2004 return- conclusion
 

Congrats, and thanks for the update. [img]/images/graemlins/smile.gif[/img]

Re: IRS audited my 2004 return- conclusion
 

thanks for the update

Re: IRS audited my 2004 return- conclusion
 

Thanks. NH. [img]/images/graemlins/wink.gif[/img]

Re: IRS audited my 2004 return- conclusion
 

Goat, you're the S H I T.

- dB

Re: IRS audited my 2004 return- conclusion
 

Congradulations!What was your reasoning for not being a pro?

Re: IRS audited my 2004 return- conclusion
 

[ QUOTE ]
Congradulations!What was your reasoning for not being a pro?

[/ QUOTE ]

In the link in the OP, a few responses down, he shows what he wrote to the IRS.

Summary (i may be missing something) was that he played on average 9 hours a week and went several weeks without playing. His claim was that this is indicitive of it being a hobby, not a profession.