[vpFREE] Re: Tax Time - Qualified Business Income??

 

You may find this useful. Note particularly the section under  

SPECIFIED SERVICE TRADE OR BUSINESS


Also note near the end the third paragraph above 

BE PREPARED

which clarifies "reputation or skill" 


In my opinion if gambling is eligible, it is only because they didn't think about it when they were composing the exclusion list. Celebrity poker players might be in an awkward spot because endorsements are not a preferred income source for this benefit. 


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Posted by: mile_5280@yahoo.com
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