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Old 02-13-06, 01:58 PM
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Join Date: Oct 2004
Location: Florida Coast
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Talking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep Points
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You don't need to run that. Just do the session sort thing that you showed me the other day - it works like a champ.

As for the tax problem, your gripe has nothing to do with poker - It has to do with the IRS and the "Standard Deduction." This is the exact same "problem" you would have if that $15k loss was due to mortgage interest or charitable contributions or anything else that one would itemize. Basically, you need to come up with $9500 in itemized deductions just to beat the Standard Deduction - just to "break even," based on how you are looking at it. This is just the way it is.

Instead of looking at it as how unfair this is, look at it on the other side. Your 15k in deductions are what you deserve to write off, so it all works out. The $9500 that you COULD HAVE written off was a gift that you no longer get, because $15k > $9500. Sure, lots of people out there still get their gift, but you don't, because you get MORE than that now.

Yes, it would be very nice if the IRS would allow us to report our net and pay tax on that, instead of reporting our total wins and total losses... but they don't.
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