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  #11  
Old 04-05-2007, 11:17 PM
Kyle Kyle is offline
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Join Date: Oct 2004
Location: Down South
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Default Re: Let me get this straight

[ QUOTE ]
That's the dumbest law ever... Say a person had 1.5 million in winnings, and 1.49 million in losses...

With a 5% tax on winnings.... they'd end up losing money for the year.

[/ QUOTE ]

My accountant had a client who had to do just this. However you can deduct 80% of your losses so he was stuck paying taxes on 20% on money he did not earn
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  #12  
Old 04-06-2007, 09:36 AM
Uglyowl Uglyowl is offline
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Join Date: Nov 2002
Location: They r who we thought they were
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Default Re: Let me get this straight

Learn the "sumif" function in excel, it will help you if you decide to do this yourself. PM me with any questions.
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  #13  
Old 04-06-2007, 03:32 PM
ddubois ddubois is offline
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Join Date: Jan 2004
Location: Ewa Beach, HI
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Default Re: Let me get this straight

There is a perl script floating around that will take a pokertracker-exported .CSV of your sessions, and condense the multiple 'table sessions' into appropriate 'day sessions'. This will reduce, but not eliminate, the ridiculous AGI explosion problem.
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