Re: Best Place to Live To Play Poker
I don't think the IRS is going to allow to you claim your professional internet gambling income as "foreign earned income", since it's the exact same income you are earning here in the United States.
Furthermore, there are no services being rendered overseas in exchange for this income. The whole thing was set-up so you don't have to pay taxes twice, and that's only on the first 80k, after that they don't even care. They'll double tax you.
I have a hard time believing they are going to allow Internet gamblers a free ride on 80k, just because they decide to sit on a beach in Phuket for 11 months out of the year.
This seems like a 1 way ticket to some serious IRS penalties.
Nigel
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