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There has been a flurry of courtroom instances up to now decade involving gamblers who search to be labeled as being in the commerce or enterprise. There have been a number of instances the place the IRS agreed that the taxpayer was a professional gambler, others during which the Tax Court docket rejected the gambler’s claims, and some the place the Tax Court docket overruled the preliminary IRS dedication and found the taxpayer truly was in a trade or business, most just lately, in February of this 12 months, in the case of a poker participant who succeeded in deducting travel bills for his journeys to Las Vegas and Atlantic Metropolis casinos by displaying the courtroom that he played tournaments most weeks in the yr.
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