View Single Post
  #14  
Old 11-01-2005, 09:50 PM
Jimbo Jimbo is offline
Senior Member
 
Join Date: Sep 2002
Location: Planet Earth but relocating
Posts: 2,193
Default Re: Dumb tax questions.

[ QUOTE ]
[ QUOTE ]
rakeback is undoubtedly income, unfortunately

[/ QUOTE ]

Only if you're a winning player. If you're a losing player, it is simply a partial rebate of fees paid, and is not income.

[/ QUOTE ]

Absurd reasoning.
Reply With Quote