Thank you for the kind remarks about
Mastering No-Limit Hold'em.
[ QUOTE ]
Back on topic....what is the recommended way to file if your only source of income is from poker? (link?)
[/ QUOTE ]
Unfortunately, your question isn't easy to answer. Tax is
not a one-size-fits-all profession. It sounds like you're a professional ("all income from poker"), which indicates a Schedule C. But that's not always the case.
The
Groetzinger decision governs whether or not you should file as a professional. However, other issues such as your state of residence, whether you gamble online or in casinos, whether you're a full-time student, other businesses, other sources of income, etc. can and do impact how you should file. A professional tax preparer should ask the questions needed to determine what's right for your situation.
It's impossible for me to post an answer to your question. I don't know you, and the full facts of your situation. And without that, I'd just be guessing.
-- Russ Fox