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

 

Thanks for the link to that article.


I've claimed the deduction because TurboTax suggested it.



mile_5280 wrote :

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: gamb00ler@yahoo.com
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[vpFREE] Bob Dancer Column - 5 MAR 2019

 

Bob Dancer Column - 5 MAR 2019

The Twenty-Third Annual Blackjack Ball

https://www.lasvegasadvisor.com/gambling-with-an-edge/twenty-third-annual-blackjack-ball/

or

<a href="https://www.lasvegasadvisor.com/gambling-with-an-edge/twenty-third-annual-blackjack-ball/">
https://www.lasvegasadvisor.com/gambling-with-an-edge/twenty-third-annual-blackjack-ball/</a>

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and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
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Posted by: vpFREE3355 <vpFREE3355@gmail.com>
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (1)
Have you tried the highest rated email app?
With 4.5 stars in iTunes, the Yahoo Mail app is the highest rated email app on the market. What are you waiting for? Now you can access all your inboxes (Gmail, Outlook, AOL and more) in one place. Never delete an email again with 1000GB of free cloud storage.

SPONSORED LINKS
.

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[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. 


__._,_.___
Posted by: mile_5280@yahoo.com
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (3)
Have you tried the highest rated email app?
With 4.5 stars in iTunes, the Yahoo Mail app is the highest rated email app on the market. What are you waiting for? Now you can access all your inboxes (Gmail, Outlook, AOL and more) in one place. Never delete an email again with 1000GB of free cloud storage.

SPONSORED LINKS
.

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