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Old 03-29-2006, 06:06 PM
DING-DONG YO DING-DONG YO is offline
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Default Re: What do I need to bring to the taxman?

[ QUOTE ]
It also hurts if you have so much in gross winnings that you become subject to AMT.

[/ QUOTE ]

Not an issue if he's filing schedule C. However schedule C means you have to pay the full 15% in self-employement tax.
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