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social security and hr winnings--

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social security and hr winnings--

Postby Mr Purple » Mon Jul 20, 2009 12:25 pm

accountant says not earned income--how about pro golf prize money?
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Re: social security and hr winnings--

Postby Andyc » Mon Jul 20, 2009 12:42 pm

Post by Mr Purple » Mon Jul 20, 2009 1:25 pm
accountant says not earned income--how about pro golf prize money?


If you are in the business of betting horses you will owe SS or SE tax on your net winnings. If you are in the golf business the same applies.
Sarcasm:the ability to insult idiots without them realizing it
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Re: social security and hr winnings--

Postby Mr Purple » Mon Jul 20, 2009 1:00 pm

ok--thanks
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