Re: Taxes question
[ QUOTE ]
Ok so say i have 40k in winning sessions and 30k in losses, for a net profit of 10k. If i declare properly(and put the 40k as wins, and then have the 30k as deductions) how much am i looking at paying? Im 20, full time student, a dependent, and poker was my only income in 2005. Thanks.
[/ QUOTE ]
You dont need an accountant. Turbo Tax handles it just fine. You already know that you need to seperate your wins and losses. You dont need an accountant to do the math for you.
|