The TalkingPoker.com Forum  

Go Back   The TalkingPoker.com Forum > All Things Poker > General Poker Discussion
Register Blogs Arcade HH Converter Calendar

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old 02-09-06, 02:41 PM
PShabi PShabi is offline
MC Adam Yauch
 

Join Date: Oct 2004
Posts: 6,947
PShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep PointsPShabi has between 2500 and 2999 Rep Points
Default

I'm going to start rereading threads I'm revisiting. I can't believe I linked to all of those! D-D-D-D-Dumbass.

Something else I've comed to realize that really scares the shit out of me. In terms of itemized deductions:

In general, if you choose not to make itemized deductions on your tax return, you get to take the "standard" deduction. From memory, I "think" this is $9500. From what I gather, if you take this "standard" deduction, then you obviously cannot itemize gambling losses.

However, if you want to itemize your gambling losses and deduct them, that would keep you from being able to take the "standard" deduction above. So, if you aren't regularly itemizing your tax return, it seems that you're going to be fucked.

I'm starting to wonder how profitable poker really is for me. Fuck life.
__________________
Get well soon, MCA!
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 09:41 AM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
©2004-2008 TalkingPoker.com