Re: Poker as a Microbusiness
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The IRS puts a high standard on what they consider a professional gambler. Unfortunately, most of us would not qualify.
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I guess my question is: Do you have to be a "professional gambler" for your gambling to be a business? To take my previous example, someone who is a software engineer by day and freelance photographer in his spare time is not a "professional photographer" even if he treats his photography as a business. (Or is he? Does having even a small business in a field make you a "professional" in that field as far as the IRS is concerned?)
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