Thread: Taxes question on investing with poker money
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Old 10-10-2005, 02:53 PM
Ed Miller Ed Miller is offline
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Join Date: Sep 2002
Location: Writing \"Small Stakes Hold \'Em\"
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Default Re: Taxes question on investing with poker money
[ QUOTE ]
Maybe I should clarify, I wont file untill I make over 15k ish in a year. I've only made about 5k but thats in 6 months so I just took the 10k figure. However would this money be safe to invest with, will my chances of getting audited go up a bit. My investment choices are index funds, if that makes any difference, which i dont believe it does.

[/ QUOTE ]

Are you saying you plan not to file a return at all? Or you plan to file, but not report the poker income? Not filing at all is beyond stupid.
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