How do you report affiliate income on taxes???

[flub]

Hi how are you supposed to report affilate income on taxes? Does it go on Schedule C like where a pro gambler would put income? Then you'd pay the Social Security taxes on it right?

If you also file as a pro gambler would you fill out 2 schedule C's or just combine all the data in one?

Thx,
-flub

[TheMetetron]

I intend on just putting on my Schedule C with my other professional gambling income.

[grimel]

find a CPA, let him do it.

[Nightwish]

[ QUOTE ]
find a CPA, let him do it.

[/ QUOTE ]
Dude, enough with the CPA advice. We heard you the first 10 times you said it.

[TheMetetron]

[ QUOTE ]
[ QUOTE ]
find a CPA, let him do it.

[/ QUOTE ]
Dude, enough with the CPA advice. We heard you the first 10 times you said it.

[/ QUOTE ]

Yeah, honestly, are you with like the CPA Union of America or something?

An eighth grader could do someone's taxes if they focused on it enough. Especially with Turbo Tax, which makes the calculations a hell of a lot easier, doing your own taxes is very easy.

I intend to do my own this year, though I will use Turbo Tax and purchase the Gambler's Guide to Taxes (or whatever it's called).

[mcozzy1]

Yeah. Just put it in with the rest of your gambling winnings.

[grimel]

Obviously not, the same question keeps being asked.