taxes?
Hey all. Im looking to give this poker thing a try, and I read all this stuff on this forum having to do with good old tax's. Im just wondering what a poker player (poker's just something on the side for me, im nowhere near declaring it a full time job or anything) has to do in order to prevent legal trouble, if they are lucky enough to get audited. For example, would keeping track, in writing, how much I win/loose each day - along with the stats from pokertracker - be enough.
You don't need to give a long, detailed explanation, I just want to know what the IRS is looking for. Just how an ordinary poker player should keep records. That way when tax's come around or an audit, there shouldn't be tooo much trouble. I really do appreciate any insight, thank you in advance!!
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