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  1. #1
    chardrian's Avatar
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    Apr 2005
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    Quote Originally Posted by drmcboy View Post
    i don't think it's worth it unless you are filing as a pro, but then my wife does my taxes.
    meh filing as a hobbyist still needs some good tax knowledge because your AGI is going to be really high since you can't just declare your net winnings but have to first declare your gross winnings and then deduct your losses on Schedule A.
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  2. #2
    Quote Originally Posted by chardrian View Post
    meh filing as a hobbyist still needs some good tax knowledge because your AGI is going to be really high since you can't just declare your net winnings but have to first declare your gross winnings and then deduct your losses on Schedule A.
    point is if you can't do this you should get an accountant whatever your profession. it isn't much more complicated than any other deduction and is explained in 5,123 places on the web. If you can't use the internet, yes, you are too stupid to do your own taxes.

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