Tax Question

[pokerlaw]

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I should just send you here , but you might check this out as well.

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yeah, great article.

[FatalError]

1. You don't file at all, get caught and pay back taxes, it sucks and you pay mega interest

2. You file but intentionally fudge your numbers, as will all professional gamblers you are eventually auditted, this gross understatement of earnings is caught and you are charged with tax fraud, a felony... and you go to jail

I'm paying taxes on all my expected 200,000$ in earnings this year for this very reason

[WebGuySteve]

Well put, I am definitely going to follow suit [img]/images/graemlins/smile.gif[/img]

[WebGuySteve]

thanks for the card player article, and I suppose I deserved the google link, though I think the article will help more than just me.