[KaneKungFu123]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ 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.

[/ QUOTE ]

WRONG!!!!

[/ QUOTE ]

I bow to your expertise. Never mind that about three clicks on the IRS website will tell you differently, unless you have something in your background I don't know about.

You live for 330 days outside the U.S. per year, you get the exemption. How hard is that for you to understand? Show us where this isn't true? What's your source?

[/ QUOTE ]

Maybe i am wrong here, which would be a great thing!

mmcd gave a strong argument in the other thread i created about this!

big thanks to you and kagame and any else who mentioned this exemption!

will look into it and update.