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Search: Posts Made By: sfwusc
Forum: Internet Gambling 02-09-2005, 09:44 PM
Replies: 14
Views: 69
Posted By sfwusc
Re: My accountant says that I cant...

Yea, b/c it isnt taxed as earned income. It is taxed as income.

If you are a professional Gambler and can meet the test from the court cases, then it can be earned income. It would go on a sch C...
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