Does anybody know, if a person is able to show a profit, if things like computers, digital phones, Don Best service, or DSL lines are deductible?
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USA Tax Deductions
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Gambling has to be a regular source of income and you consider yourself a professional. Who knows where the line is drawn between a hobby and a profession? When someone goes to Las Vegas and wins $500 does anybody care? $5,000, $50,000? I say see a good tax guy in Las Vegas who has filed many such reports and tell them you want to do it right.
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