One of the things I hate about the IRS is that in so many cases, people find themselves more scared of an audit, so they elect not to take legitimate expenses. However, I suspect that you’re correct, in that they would probably not find your EVE Online a legitimate expense, unless you’re pulling ISKs out as cash in some respect, and need to show the expense to counter-balance that income. I suspect you’re not.
Still, the decision to avoid an audit is generally a wise one – even if you are correct, and they find so, the time spent dealing with the audit is time you’re not writing, and therefore not making money. I do wonder if anyone other than the high finance people, though, have tried to take time spent coping with an audit as an expense against the next year’s taxes…
One of the things I hate about the IRS is that in so many cases, people find themselves more scared of an audit, so they elect not to take legitimate expenses. However, I suspect that you’re correct, in that they would probably not find your EVE Online a legitimate expense, unless you’re pulling ISKs out as cash in some respect, and need to show the expense to counter-balance that income. I suspect you’re not.
Still, the decision to avoid an audit is generally a wise one – even if you are correct, and they find so, the time spent dealing with the audit is time you’re not writing, and therefore not making money. I do wonder if anyone other than the high finance people, though, have tried to take time spent coping with an audit as an expense against the next year’s taxes…