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Old 12-07-2005, 04:36 PM
TheMetetron TheMetetron is offline
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Join Date: Oct 2004
Posts: 92
Default Re: More boring tax questions

[ QUOTE ]
Hey! An informative response!! Is there light at the end of my gloomy tunnel?

My GF's grandma says I can deduct living expenses such as food/rent/cable internet/computers/clothes. Is this true? I also support two adults, does this mean anything?

Thanks for your time !

[/ QUOTE ]

You may be able to file as head-of-household, but I think they may need to be dependents. You have to check the IRS website for that. This would lower your tax brackets.

If you file as a pro you can deduct your computer costs, a portion of rent / utilities (sq. footage of office / sq. footage of house). Your food, clothes, and cable are not deductable.

If you travel for poker, you may be able to deduct these expenses, however.
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