How does a professional poker player file taxes? - cent poker
I have some money in the past year in cash on the side of poker and I think of leaving my day job and go to work full time. How is a tax professional poker player and your annual salary? How does the IRS to verify the income reported is that true? They have to explain every penny of profits less losses?
Sunday, January 17, 2010
Cent Poker How Does A Professional Poker Player File Taxes?
1 comment:
Every game you play in the profit can be tested should be reported (casinos). Games in the back room do not need to be informed. You must have a sufficient income to maintain their lifestyle. If you do not, and spend a lot of money, so there is a written record of credit cards or bank accounts. The IRS caught up to you.
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