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Old 11-20-2006, 01:06 PM
SamG SamG is offline
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Join Date: Apr 2004
Location: Raleigh, NC
Posts: 2,716
Default Re: Retirement accounts for poker players?

I am not sure what you mean by "income." Do gambling winning count? If so, that contradicts what I have heard. Or does it depend on how you file your taxes?

This stuff makes my head hurt.

Say someone made over $100,000 playing poker, so he is not eligible for a Roth IRA. He does not plan to file as a professional gambler. Can he fund an SEP-IRA account with some of these winnings?
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