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Server Time: 11/22/2008 1:39:22 AM PACIFIC |
 Tax Info for aspiring Poker pro?, BigDukeSix, 22. Jul 2003 07:46 | ||
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| Can anybody give me any info regarding being a professional and how this relates to US law and Tax revenue? what makes it even more confusing I am not currently a US citizen. Thanks In advance | ||
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| Re: Tax Info for aspiring Poker pro?, stdioh, 22. Jul 2003 09:53 | ||
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| If you file your taxes in the US then you can declare yourself a pro and write off your expenses, but they make it difficult to do. You need to show a profit that constitutes most of your income from poker with winning years 3 out of your last 5 years. You need to meticulously record everything and you are definitely going to need to pay a tax accountant to set everything up for you. | ||
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