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Old 09-09-2005, 12:49 PM
MrMon MrMon is offline
Senior Member
 
Join Date: Nov 2004
Location: St. Louis, MO
Posts: 135
Default Re: Citizenship Abroad to Avoid Paying Taxes...

[ QUOTE ]
"If you file as a professional gambler, you can exclude up to $80,000 of income per year, so long as you stay outside the US for at least 330 days of a 360 day period."

have you done this?

the irs rules clearly show this isnt allowed!

[/ QUOTE ]

Gambling has nothing to do with it. If you live abroad, you get the $80K exemption. Of course, you might have to pay local taxes, but that's another story.
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