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Old 02-11-2007, 03:09 AM
Bobo Fett Bobo Fett is offline
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Join Date: May 2006
Location: Canada, Eh!
Posts: 3,283
Default Re: Canadian Online Poker Tax Thread

[ QUOTE ]
I would suggest that money you make on a bonus isn't techincally gambling income.

if you're playing -ev games it can be difficult to have 'reaasonable expectation of profit'.

[/ QUOTE ]

Perhaps, I'm no expert.

Leaving that aside then, let's assume I'm speaking only in terms of poker bonuses/profits. If a person, for whatever reason, were to have earned money through their own play, but it appeared for all intents and purposes to have been earned by someone else, is there any way for the person who REALLY earned it to claim on their taxes and NOT be entirely screwed in the case of an audit?
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