SEP-IRA for professional poker players - Two Plus Two Newer Archives

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SEP-IRA for professional poker players

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10-30-2007, 01:34 AM

minwoo

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Join Date: Aug 2004

Posts: 429

SEP-IRA for professional poker players

I'm thinking this is a MUST for those who file as professionals, ie self-employed. You can make tax-deductible contributions up to 25% of your compensation (profit) yearly. That's pretty huge isn't it? Any reason NOT to set one up?

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