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Old 10-02-2006, 05:32 PM
climber climber is offline
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Join Date: Sep 2004
Location: out on my broke ass
Posts: 1,357
Default So who is filing as a pro for their 2006 taxes?

It has become more and more clear what the federal govt's view of online poker is throughout this process.

Not sure what tax implications are going to be--esp for those who expect to play on in worse games next year.

Is outing yourself by reporting and paying the right move if it will establish your profile with IRS and next year you mysteriously have no income and no other job? Figure your taxes and dont report but set the moeny aside and dont touch it?

I've heard all the IRS doesn't care what your income is from as long as you report it but I don't really buy it...any thoughts?
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