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There was a flurry of court docket instances previously decade involving gamblers who seek to be categorized as being in the trade or business. There have been several instances the place the IRS agreed that the taxpayer was knowledgeable gambler, others during which the Tax Courtroom rejected the gambler’s claims, and some where the Tax Courtroom overruled the initial IRS determination and found the taxpayer actually was in a trade or enterprise, most just lately, in February of this year, within the case of a poker participant who succeeded in deducting journey expenses for his journeys to Las Vegas and Atlantic Metropolis casinos by exhibiting the courtroom that he performed tournaments most weeks within the yr.
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