[Glenn]

Hi easy-

Actually I just moved back to NJ...my play has been spread over the internet and the nation. I do have decent records, but since I do play professionally, there are A LOT of them. When I said 1000 sessions, I meant that literally. I thought it was pretty simple too, until I read the code. There is no way you can reasonably comply with the actual law. If the government wants my money, I shouldn't have to spend 50 hours to pay them. And yes, tax law is BS...as is the fact that you can't deduct gambling loses if you take the standard deduction. At 23, I don't have deductions other than student loan interest. This costs everyone who reports gambling income and would not otherwise itemize around $1000. Think of it this way...if you get $10000 salary or win $10000 in a sweepstakes you only pay taxes on $10000-standard deduction. If you play poker and win $10000, you probably won $20000 and lost $10000 or something and you have to report it as such. So you can either pay taxes on $10000 by deducting your losses, or you can pay taxes on $20000 - the standard deduction. So your taxes are affected by how much money passed through your hands not just how much you made, which is part of the BS I mentioned. This is also a major factor for some advantage players (videopoker and such) that win like $600000 and lose $550000. The fact that they have to report their income as $600000 (even though they later deduct their losses) disqualifies them for some exemptions/deductions.

All this complexity does is discourage people from paying in the first place, and then screws them when they do try to pay.