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Old 08-04-2005, 03:30 PM
Psyonic Psyonic is offline
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Join Date: May 2004
Posts: 7
Default Re: Anyone over 6 figures actually filing as a Pro?

Ya but as a pro you can pay taxes on just your net income, while if you don't file as a pro you have to pay taxes on your gross and deduct your losses. So even without expenses filing as a pro may be economical for something making 6 figures.
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