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Old 08-12-2006, 01:12 PM
lala lala is offline
Senior Member
 
Join Date: Dec 2005
Posts: 211
Default Re: Got a letter from the IRS

It seems that more people are getting this letter. But it does matter whether you are a pro or amateur. As a pro files schedule C and has to pay self-employment tax and also many deductions. But an amateur doesn't file any schedule C and therefore doesn't have any self-employment or deductions related to gambling. And it seems like you actually reported your wins and losses separately, but how accurately did you do this?
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