Stephensen finished second to Swede Martin Jacobson in the World Series of Poker Championship in Las Vegas, to claim the multi-million dollar purse.
Andersen said: "For a professional poker player there will be surtax plus the self-employed person's social security contribution, in addition to the 27 percent. His income will be taxed at 50.4 percent. Like all self-employed people, he will get deductions for expenses related to poker playing.”
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