Re: \"Foriegn Earned Income Credit NOT allowed for Pro Gamblers\"
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I agree with what you've described. With some limited exceptions, I'm not clear on how using a corporation accomplishes something different than reporting poker income (AFTER EXPENSES) on a Schedule C.
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Assuming it's legal to play poker within a corporation, there is one very large additional deduction provided by using a corp. structure to convert winnings to income. You should be able to shelter over $40k in pre-tax income in retirement accounts, between corporate contributions and your own. Talk to a CPA.
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