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Old 02-09-2005, 08:10 PM
lightw1thoutheat lightw1thoutheat is offline
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Join Date: Sep 2004
Posts: 88
Default My accountant says that I cant...

So i told my paretns over winter break that i made some money playing poker. Long story short they were cool with it as long i pay taxes on it and invest some. Ive had a roth IRA for a few years now, and have been funding it with my various summer jobs.

As i understood, I could my poker winnings to fund my ROTH IRA(in which you can only place earned income)

Well my mom just called me and relayed a message from their/my accountant. He said that i can't claim poker winnings as earned income. I was pretty sure that i'm right on this one, but he says that he would need some sort of documentation saying this is okay to do.

Can somebody help me out? ive been looking through the searches and on google with no luck.

-light
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