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[QUOTE="ovitoo, post: 1945453, member: 90650"]
While I think it is obvious that you must be a profressional in order for a coach to be a "business expense". I think that the gray area is defining what a professional is, as viewed by the government. As far the poker world is concerned (or maybe just my opinion) a professional play is backed by a sponser or in some cases just a consistent HIGH stakes player. As far the govt is concerned though, I think the term "professional" is simply defined by your profession. So if you're main source of income is poker than I think you would fall in that category. So a guy with no job that grinds 10nl for 10hrs a day would most likely fit the govt's criteria for professional. Or someone like me who works part-time (just to minimize the effect buy-ins have on my br) and plays 10-hr sessions daily should apply. BUT, a great point that is brought up, by claiming something like a coach as a "business expense" you're also registering yourself as a pro and are obligated to pay taxes on any/all wins (regardless of how much you lost before any game). I kno this is required of all wins over a certain amount regardless. But if anyone says that they would walk out of a 1-2 home game up 800$ and then send in a piece for the IRS, I would have to call bs.
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