[VinnyTheFish]

[ QUOTE ]
I went to go see a tax professional today. ... but I told him that that was the wrong way to do it.

[/ QUOTE ]

1) The fact that you have to tell him, that would make me nervous.

I then asked a accountant who works for a high powered NYC area firm –

“the tax seems high. . . .but is there other income . .. and the amt doesn't make sense if the total income is the 60,000

the amt doesn't make sense if the total income is the 60,000 and there has to be other items affecting the amt.

unless it is calculating self employment tax on the winnings - - - ???
”

I know this does not help. But it is what I got back.