Filing Your Taxes As A Pro Bettor With CPA Zak Zimbile
The Unabated Podcast
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Navigating Tax Filing as a Professional Gambler
The chapter delves into the intricacies of filing taxes as a professional gambler, focusing on the benefits of using Schedule C, implications for taxable income, and contributions to retirement accounts. It also highlights the drawbacks of filing Schedule C for gambling income, common business expenses that can be deducted, and strategies for maximizing deductions to manage tax liability effectively.
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