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- - SNGs and Taxes (http://archives2.twoplustwo.com/showthread.php?t=298068)

Nacarno

07-22-2005 04:12 AM

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.

Degen

07-22-2005 05:08 AM

Re: SNGs and Taxes

this is definately the wrong place for this question

lacky

07-22-2005 05:12 AM

Re: SNGs and Taxes

if you file as a professional gambler, you claim your profit minus expenses as income.

fnord_too

07-22-2005 09:23 AM

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.

Moonsugar

07-22-2005 10:02 AM

Re: SNGs and Taxes

Ask your CPA.

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