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[QUOTE="Tygran, post: 669173, member: 25662"]
Nice post crummy, that's what I was looking for more or less.

When I said it defied common sense earlier, I did not mean having to pay taxes on gambling income defied common sense.  If you are going to have income taxes (which I oppose, but that's a whole other can of worms) then I fully expect to have to pay taxes on gambling winnings.

What makes absolutely no sense to me is how you have to report it, the records you are supposed to keep, how it can screw you over and how little/unclear all this is.  I'd wager that an extremely large percent of recreational players who actually do report poker winnings don't do it correctly.  Taxes shouldn't be anywhere near this complicated to figure out, hence my comment earlier.

I think the biggest reason though might be over the definition of a "session".   I fail to see how online and B&M can realistically be treated the same.  Especially with multi tabling being much more common online when it really isn't very practical/possible in an actual casino.  My main point of contention though is simply the ambiguity and unwillingness to define things to make it easier to comply with what the law is.  If I multi table 6 ring games for 4 hours, I really fail to see how you can call that "6 sessions" instead of 1 but apparently that's how the IRS sees it.  In a B&M to me a session should be 1 buy in -> 1 cash out.  I don't care if you play 36 hours straight in between or you do nothing but sit at a table by yourself and practice chip tricks.  Online is a bit trickier for this...I'm rambling so I'll stop, but online really needs its own [B]clearly defined[/B] set of rules.
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