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  #1  
Old 07-29-2007, 11:32 PM
NoLube4U NoLube4U is offline
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Default Dealing with the Tax man as a low limit \"pro\"

For those of you that play full time and therefore have no "regular job" to file under, what do you do for tax purposes? (spreadsheets, logs, claim amounts) etc?

Curious.

Thanks in advance
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  #2  
Old 07-29-2007, 11:40 PM
BTMegaCash BTMegaCash is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

just don't file...easy enough right
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  #3  
Old 07-30-2007, 12:27 AM
Labarde Labarde is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

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  #4  
Old 07-30-2007, 12:47 AM
demon102 demon102 is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

this thread should be locked or moved
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  #5  
Old 07-30-2007, 01:18 AM
corpseartist corpseartist is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

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lol qft and awesome
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  #6  
Old 07-30-2007, 01:22 AM
Lurker. Lurker. is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

just give it all to the tax man. online poker is rigged anyway
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  #7  
Old 07-30-2007, 01:28 AM
RikaKazak RikaKazak is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

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[ QUOTE ]
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[X] crappy question

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lol qft and awesome

[/ QUOTE ]
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  #8  
Old 07-30-2007, 02:19 AM
Humble Pie Humble Pie is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

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just don't file...easy enough right

[/ QUOTE ]
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  #9  
Old 07-30-2007, 03:37 AM
NoLube4U NoLube4U is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

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[X] crappy question

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where should this be posted then? I don't know why it's a crappy question... is there nobody on here that has no other job than poker? of course not. do they pay taxes? i would think at least some do...
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  #10  
Old 07-30-2007, 03:47 AM
Niediam Niediam is offline
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Default Re: Dealing with the Tax man as a low limit \"pro\"

[ QUOTE ]
[ QUOTE ]
[ ] news
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[ ] gossip
[X] crappy question

[/ QUOTE ]

where should this be posted then? I don't know why it's a crappy question... is there nobody on here that has no other job than poker? of course not. do they pay taxes? i would think at least some do...

[/ QUOTE ]

There are dozens of threads on this topic in the Internet Gambling and Legislation forums (aka you shouldn't start a new one).

Anyhow, if you file as a professional you can net your wins and loses and you can deduct expenses. See a knowledgable tax prepairer for details.
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