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Old 08-04-2005, 08:20 PM
okayplayer okayplayer is offline
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Join Date: Sep 2004
Location: Bay Area, CA
Posts: 167
Default Re: Anyone over 6 figures actually filing as a Pro?

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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.

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Again, I'm certainly not a CPA but this statement is definitely not true.

-ActionBob

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I don't see anything inaccurate about that statement.
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