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Old 12-10-2005, 01:02 AM
lehighguy lehighguy is offline
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Join Date: Nov 2004
Posts: 590
Default Re: Tax Question : Claim Total Winnings or Cashout?

So I lose the $6500 deduction, isn't that in effect like $3k extra in taxes [img]/images/graemlins/frown.gif[/img]

I'm going to end up paying alot on the 25K I won huh. Figure 10k?

Can I declare myself a pro for last year right now. Maybe try to deduct pocker software and rent and my new moniter.
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