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  #1  
Old 07-22-2005, 04:12 AM
Nacarno Nacarno is offline
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Join Date: Jun 2004
Posts: 40
Default SNGs and Taxes

If you file your taxes as a professional poker player, can you deduct the registration fees of SNGs?

If this has already been asked and answered, could you point me to a link? I searched but couldn't find anything.
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  #2  
Old 07-22-2005, 05:08 AM
Degen Degen is offline
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Join Date: Mar 2005
Location: Re-stealing
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Default Re: SNGs and Taxes

this is definately the wrong place for this question
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  #3  
Old 07-22-2005, 05:12 AM
lacky lacky is offline
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Default Re: SNGs and Taxes

if you file as a professional gambler, you claim your profit minus expenses as income.
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  #4  
Old 07-22-2005, 09:23 AM
fnord_too fnord_too is offline
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Join Date: May 2004
Location: Norfolk, VA
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Default Re: SNGs and Taxes

Get an acountant to do your taxes. It was well worth the $350 I paid to have mine done this year.
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  #5  
Old 07-22-2005, 10:02 AM
Moonsugar Moonsugar is offline
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Default Re: SNGs and Taxes

Ask your CPA.
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