Re: Final Table?
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Can you deduct cash game losses against tourney winnings? If that is the case, Hellmuth would never have to pay taxes!!
(Assuming no other income which of course is not true)
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Yes, but when I declared large losses 5 years in a row they declared it was a hobby and not a business, disallowing my deductions. I did 3-5 in a fed pen. [img]/images/graemlins/wink.gif[/img]
NCAces
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