hunt4dx
01-14-2002, 12:11 PM
Just wondering how you fellow fisherman are deducting there fishing rigs on there taxes. I know you can do this if you are guiding but how about tournament fishing?
Thanks for any advice.
Bear
Phil T.
01-14-2002, 05:33 PM
See a real CPA for any tax questions.
Since you don't seem to have anticipated this, your records probably aren't good enough. Okay, maybe you can do it next year.
How much did you win? Are your expense records complete? Did your winnings exceed your expenses? Be prepared to answer and document these questions.
Keep good records and see a good tax man.