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[QUOTE="aliengenius, post: 861527, member: 11924"]
uhh, no. In fact, I'm starting to doubt your credentials as a professional.

In [URL="http://en.wikipedia.org/wiki/Baxter_v._United_States"]Baxter vs. US[/URL] the courts ruled that it is possible to be a professional gambler, and it is now treated as similar to any other business/self impolyment. Yep, 7x wsop bracelet holder and poker hall of famer [URL="http://en.wikipedia.org/wiki/Billy_Baxter_%28poker_player%29"]Billy Baxter[/URL] sued the IRS: The Nevada judge who heard the case ruled in favor of Baxter, declaring "I find the government's argument to be ludicrous. I just wish you had some money and could sit down with Mr. Baxter and play some poker."

[B]I really suggest you buy the two books I listed above. 
[/B]
In any case, it DOESN'T matter if your income is illegally obtained: the IRS is (theoretically) prohibited from reporting your illegal income to any other governement branch/law enforcement under what is commenyly known as the "silver platter" law. In other words, if you report and pay taxes on money obtained from dealing drugs the IRS cannot then forward that to the DEA and "serve you up on a silver platter" becasue you obeyed tax law.
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