Two Plus Two Newer Archives

Two Plus Two Newer Archives (http://archives1.twoplustwo.com/index.php)
-   Poker Legislation (http://archives1.twoplustwo.com/forumdisplay.php?f=59)
-   -   recreational instead of professional? (http://archives1.twoplustwo.com/showthread.php?t=348320)

plasphemy 03-06-2007 01:09 PM

recreational instead of professional?
 
I've crunched the numbers and it is cheaper for me to file as a recreational instead of a professional.

Since I see so much about pro players being audited, this seems advantageous anyway.

But... I will have near -0- in any other kinds of income. Does the IRS ever do the reverse and consider a player a professional making them pay that 15.2% extra in self employment?


All times are GMT -4. The time now is 01:42 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.