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Old 11-15-2005, 08:11 PM
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Default Re: anyone making a living from SSNL?

Go ahead and don't take any deductions. As you know I'm sure, poker winnings are taxed as ordinary income, not gambling winnings, and therefore you can take any and all reasonable deductions. If you use a halfway decent CPA to do your taxes and keep records of all expenses you should not be paying anywhere near the taxes you would if you earned that money as a salaried employee.
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