1. #1
    RudyRuetigger
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    Let's talk gambling TAXES

    Who is a pro?

    Do you actually deduct electricity/space of your house?



    I deduct internet, computers, desk, keyboard [for self employment]

    I might be missing out on the above though



    As a caddy, you can deduct hotel, food, gas, when you go to an event to caddy

    So i think im missing out on a ton of free things working from home as an independent contractor




    Anyone in the know?

    Anyone want to know?


    Its not just for gambling....arent most self employed jobs the same in terms of taxes?? (thats not a statement, just a question)

  2. #2
    RudyRuetigger
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    I think you might have to fill out taxes as a pro gambler for the deductions?

    So maybe not many fit that

    But independent contractor....surely we have a few?

  3. #3
    firedawg
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    My buddy looped at East Lake for years


    I'll ask

  4. #4
    pilebuck13
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    Rudy I thought this thread was going to be information on how to avoid taxes

  5. #5
    RudyRuetigger
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    Quote Originally Posted by firedawg View Post
    My buddy looped at East Lake for years


    I'll ask
    you dont "have" to count those cash tips

    i caddied at reynolds plantation

    but i wonder if he took off food, gas, etc

  6. #6
    RudyRuetigger
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    Quote Originally Posted by pilebuck13 View Post
    Rudy I thought this thread was going to be information on how to avoid taxes
    thats what i hope to turn it in to

  7. #7
    firedawg
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    Quote Originally Posted by RudyRuetigger View Post
    you dont "have" to count those cash tips

    i caddied at reynolds plantation

    but i wonder if he took off food, gas, etc
    He's working with a young Japanese girl now
    I think on Asian tour

    No clue

  8. #8
    RudyRuetigger
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    on the road, i know for a fact those caddies took those expenses off

    even players do



    but at 1 place thats harder

  9. #9
    RudyRuetigger
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    i wonder about gamblers because apart of their house needs used for their work

    so i wonder what taxes they take off

    what electricity

  10. #10
    jjgold
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    lol Rudy

    Professional gamblers

  11. #11
    BigOrange
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    Rudy if you can get Beer classified as "Handicapping Fuel", you'll get a big refund every year!

  12. #12
    RudyRuetigger
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    Quote Originally Posted by BigOrange View Post
    Rudy if you can get Beer classified as "Handicapping Fuel", you'll get a big refund every year!
    i actually wondered if i could write off me golfing with people and counting beer as an expense


    my tax expert friend said no but 90% of others said yes


    id save a ton if i could write off beer but im not trying it

  13. #13
    RudyRuetigger
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    actually BigO, im sure youve played in some Tennessee PGA events

    Maybe your club paid for expenses so it doesnt matter, but id assume you could write off hotel, cart fees, food for that week


    everyone on tour does that...i wonder if different for club pro

  14. #14
    BigOrange
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    Quote Originally Posted by RudyRuetigger View Post
    actually BigO, im sure youve played in some Tennessee PGA events

    Maybe your club paid for expenses so it doesnt matter, but id assume you could write off hotel, cart fees, food for that week


    everyone on tour does that...i wonder if different for club pro
    I used to write-off every expense in State wide and mini tour events but that was in the late 80's to mid 90's. Tax code is a lot different now.

  15. #15
    RudyRuetigger
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    Quote Originally Posted by BigOrange View Post
    I used to write-off every expense in State wide and mini tour events but that was in the late 80's to mid 90's. Tax code is a lot different now.
    not out of state?

    what about if you qualify/or did qualify for PGA professional championship?

  16. #16
    BigOrange
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    Quote Originally Posted by RudyRuetigger View Post
    not out of state?

    what about if you qualify/or did qualify for PGA professional championship?
    Never qualified for a major or tour event. Missed Monday qualifying by one shot two years in a row for the Memphis tournament.

    Played in dozens of Mini tour events in Florida while I was a TN resident. Wrote off everything for those trips.

  17. #17
    RudyRuetigger
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    Quote Originally Posted by BigOrange View Post
    Never qualified for a major or tour event. Missed Monday qualifying by one shot two years in a row for the Memphis tournament.

    Played in dozens of Mini tour events in Florida while I was a TN resident. Wrote off everything for those trips.
    i didnt mean pga championship, the pga professional championship

    but ok, how about practicing up since you are back in the south for the senion pga professional championship if you are old enough



    ill caddy for free as long as i can also have a clubhouse pass as well since it probably contains free beer

  18. #18
    BeatTheJerk
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    The vig is my tax. I collect it slow & when I need it. I own nothing in my name. IRS don’t know or care who
    the bleep I am.

  19. #19
    RudyRuetigger
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    id just love to know how electricity and rent your own home space for the job is applied to taxes


    i do quite a bit of work online and thats why im usually here if not on course

    i actually work a shit ton even though you guys probably dont think so

  20. #20
    BigOrange
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    Quote Originally Posted by RudyRuetigger View Post
    i didnt mean pga championship, the pga professional championship

    but ok, how about practicing up since you are back in the south for the senion pga professional championship if you are old enough



    ill caddy for free as long as i can also have a clubhouse pass as well since it probably contains free beer
    That's a deal. I landed a position as GM of a nice private golf and tennis club so I will get an opportunity to work on my game again.
    Nomination(s):
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  21. #21
    RudyRuetigger
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    Quote Originally Posted by BigOrange View Post
    That's a deal. I landed a position as GM of a nice private golf and tennis club so I will get an opportunity to work on my game again.
    actually you probably get to ride carts anyway so im screwed and no need for me

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