How to deduct winnings/expenses on taxes? - CLASS RACER FORUM

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How to deduct winnings/expenses on taxes?

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01-04-2010, 04:48 PM	#8
mtkawboy Member Join Date: May 2003 Location: Billings Mt Posts: 282 Likes: 186 Liked 54 Times in 18 Posts	Re: How to deduct winnings/expenses on taxes? Isnt there a limit to how long you can run it as a business and not make a profit ? Writing off racing is an "Audit me " red flag to the IRS

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