Re: My new CPA says I should file as a corporation???
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But on one point of "other income" does much depends on the active vs passive nature of the "other income"? In all other regards I feel farily comfortable, but the nature of this source of income compared with the amount of reportable "active on-line (majority) and active live (minority) poker income" vs passive income is the heart of my question.
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I'm not sure what you're trying to ask.
If you're talking about "passive income," that's typically things like real estate rentals, and is normally shown on Schedule E.
Gambling income shown as other income (line 21) isn't passive income.
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