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[QUOTE="Charade You Are, post: 1814422, member: 39511"]
There is no such thing as a "hobby" business.  It's either a business or a hobby.  When the IRS drew up the regulations, there was no online poker.  This article is a little old, but I don't believe the regs have changed.  [url]http://www.onlinepokerfaq.com/guide/us-taxes.html[/url]

For recreational players, the current tax law is a mess which is why I hope they tax withdrawals (minus deposits of course) which is essentially your profit.

Since you aren't suppose to be tax on money you haven't constructively received that would make the most sense.  If Black Friday taught us anything, the money in our poker accounts can become inaccessible at any time.

DJ - I don't understand your statement that the tax could be on "purchases"?  Are you referring to state sales taxes?  If so, not all states have sales taxes.

Regarding the OP, I don't believe all 50 states will opt-in.  You have Hawaii and Utah which don't even have lotteries.  Then there is Washington State where online poker is a felony in order to protect their 27 Indian casinos (ugh).  I'm not sure my state will opt in given the current climate in the statehouse which seems to be against any expansion of "gambling" although our education funding is primarily from lotteries.
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