LPGA Tournament entry fees?

Putter · 05-21-2009, 12:00 AM

4putt - this is where these women go to make a living. Your idea of higher entry fees for those higher up on the money list doesn't make any sense. It sounds like a penalty for playing well to me.

OK, say someone way down the list who has paid nothing to enter (according to your scenario) and has a career day, wins enough to put her in the "you now pay $5,000 to enter the next tournament category" - for years she's been scraping by, bearly making ends meet and now you're going to up her entry fee?

I pay a fee for equipment in my job - if they tell me I have to pay more for it depending on how much I make in a month I think I'd go a little balistic!

And no, I don't have a "fix", I just don't think your idea would be it.

wiefan · 05-21-2009, 12:07 AM

Originally Posted by dangerbob

Originally Posted by dangerbob
They can only deduct them if they make money. How about those who can not make the cut. It has to come out of their pocket! Just like gambling...you can only deduct your loses if you win. Otherwise, bye, bye...what happens in Vegas stays in Vegas!

MP...I believe you misunderstood what Wiefan was saying. If a professional golfer has a sideline busisness...say a Pizza Parlor Business. That's seperate from his/her golf profession, so he/she can not deduct his/her expenses from his golf tournment as a loss from his Pizza Business. That's a no-no! He/she can only deduct his/her tournament expenses or golf equipments expenses from his/her winnings from golf tournaments.

A professional golfer is actually a self-employed sub-contractor and he/she can only deduct his/her expenses/losses from his/her winnings in the same year and can not retroactive his/her loss the year before.

If you have any more question...I have a friend who is an IRS tax auditor and I'd happy to give him your phone number.

Man...I'm still in jury duty and it's a very serious crime, so it's taking a long time. They said another week before deliberation.

Hi ya dangerbob...don't FORGET...after your jury duty...let us know what it was about and what happened.....I just love to serve on the JURY....the only problem is that they NEVER ever select me....I mentally prep myself to answer Jury type questions that will probably please both sides and thus get me elected and NOT Kicked off....but so far....no such luck....heck folks....here is my personal belief....

if ever there was a person that was PERFECT for Jury duty...it is ME....yep!!...as all of you know, I am a pretty humble person.....I really really want to serve on a jury...but alas....fate is against me....funnny think is that over 99% of those chosen actually wish they could have gotten out of it....HOW YOU FIGGA????

anyway....have a good day....I think I will take my "B-" grade and just sneak out of the back door before they take this away....see ya....have a good day

by the way....in a few hours...Wiesy Tees off....good luck Kid.....GO WIESY!!!!....see ya!!

dangerbob · 05-21-2009, 12:59 AM

Sure Wiefan...we are instructed by the judge not to discuss anything to anyone until the case is over.

wiefan · 05-21-2009, 01:10 AM

Originally Posted by dangerbob

Sure Wiefan...we are instructed by the judge not to discuss anything to anyone until the case is over.

Hi ya dangerbob....I know that the case is NOT over yet....so tell us...what is the case about....which way are you voting and why....what kind of evidence are you basing your opinion on...are you the Jury Foreperson....what are the chances of your group getting sequestered

have a good day folks....I just was needling Dangerbob....I will bet that if the defendant is Pretty, she will most likely get a good verdict from Dangerbob....hmmmm....see ya folks....have a good evening

MarinePaul · 05-21-2009, 07:31 AM

DB, you need to give them a fair and impartial trial before you hang them. It also helps if you stay awake during the whole trial.

As far as your tax example, you're right that a player can't use golf losses to offset profits from their "pizza business." But, they're free to incorporate themselves and show a loss. That loss can then be carried forward to offset future profits.

dangerbob · 05-21-2009, 09:51 PM

Wiefan and MarinePaul:

05-21-2009, 12:00 AM	#31
Putter Senior Member Join Date: Jul 2005 Location: Canada Posts: 1,296 Images: 26	4putt - this is where these women go to make a living. Your idea of higher entry fees for those higher up on the money list doesn't make any sense. It sounds like a penalty for playing well to me. OK, say someone way down the list who has paid nothing to enter (according to your scenario) and has a career day, wins enough to put her in the "you now pay $5,000 to enter the next tournament category" - for years she's been scraping by, bearly making ends meet and now you're going to up her entry fee? I pay a fee for equipment in my job - if they tell me I have to pay more for it depending on how much I make in a month I think I'd go a little balistic! And no, I don't have a "fix", I just don't think your idea would be it. __________________ Putter

05-21-2009, 12:07 AM	#32
wiefan Senior Member Join Date: Jul 2005 Posts: 4,135	Originally Posted by dangerbob Originally Posted by dangerbob They can only deduct them if they make money. How about those who can not make the cut. It has to come out of their pocket! Just like gambling...you can only deduct your loses if you win. Otherwise, bye, bye...what happens in Vegas stays in Vegas! MP...I believe you misunderstood what Wiefan was saying. If a professional golfer has a sideline busisness...say a Pizza Parlor Business. That's seperate from his/her golf profession, so he/she can not deduct his/her expenses from his golf tournment as a loss from his Pizza Business. That's a no-no! He/she can only deduct his/her tournament expenses or golf equipments expenses from his/her winnings from golf tournaments. A professional golfer is actually a self-employed sub-contractor and he/she can only deduct his/her expenses/losses from his/her winnings in the same year and can not retroactive his/her loss the year before. If you have any more question...I have a friend who is an IRS tax auditor and I'd happy to give him your phone number. Man...I'm still in jury duty and it's a very serious crime, so it's taking a long time. They said another week before deliberation. Hi ya dangerbob...don't FORGET...after your jury duty...let us know what it was about and what happened.....I just love to serve on the JURY....the only problem is that they NEVER ever select me....I mentally prep myself to answer Jury type questions that will probably please both sides and thus get me elected and NOT Kicked off....but so far....no such luck....heck folks....here is my personal belief.... if ever there was a person that was PERFECT for Jury duty...it is ME....yep!!...as all of you know, I am a pretty humble person.....I really really want to serve on a jury...but alas....fate is against me....funnny think is that over 99% of those chosen actually wish they could have gotten out of it....HOW YOU FIGGA???? anyway....have a good day....I think I will take my "B-" grade and just sneak out of the back door before they take this away....see ya....have a good day by the way....in a few hours...Wiesy Tees off....good luck Kid.....GO WIESY!!!!....see ya!!

05-21-2009, 12:59 AM	#33
dangerbob Senior Member Join Date: Sep 2005 Posts: 4,872	Sure Wiefan...we are instructed by the judge not to discuss anything to anyone until the case is over. __________________ "On this hapless EARTH There's small SINCERITY of mirth And LAUGHTER oft is but an ART To drown the outcry of the HEART!"

05-21-2009, 01:10 AM	#34
wiefan Senior Member Join Date: Jul 2005 Posts: 4,135	Originally Posted by dangerbob Sure Wiefan...we are instructed by the judge not to discuss anything to anyone until the case is over. Hi ya dangerbob....I know that the case is NOT over yet....so tell us...what is the case about....which way are you voting and why....what kind of evidence are you basing your opinion on...are you the Jury Foreperson....what are the chances of your group getting sequestered have a good day folks....I just was needling Dangerbob....I will bet that if the defendant is Pretty, she will most likely get a good verdict from Dangerbob....hmmmm....see ya folks....have a good evening

05-21-2009, 07:31 AM	#35
MarinePaul Moderator Join Date: Aug 2005 Location: Warren, Ohio Posts: 8,003	DB, you need to give them a fair and impartial trial before you hang them. It also helps if you stay awake during the whole trial. As far as your tax example, you're right that a player can't use golf losses to offset profits from their "pizza business." But, they're free to incorporate themselves and show a loss. That loss can then be carried forward to offset future profits. __________________ Happiness isn't getting what you want, it's wanting what you have.

05-21-2009, 09:51 PM	#36
dangerbob Senior Member Join Date: Sep 2005 Posts: 4,872	Wiefan and MarinePaul: __________________ "On this hapless EARTH There's small SINCERITY of mirth And LAUGHTER oft is but an ART To drown the outcry of the HEART!"

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