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Old 10-11-2005, 02:10 AM
tshort tshort is offline
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Join Date: May 2005
Posts: 237
Default Re: Taxes question on investing with poker money

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Fish won't have any earned income, unless he has a summer job or something, so he can't contribute to the IRA.

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But, Fishhooks is estimating roughly 10K income for the year.

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I think OP was assuming poker earnings are unearned income. I think they used to be unearned, but are now earned.
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