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General Poker
United States Online Poker & Taxes
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[QUOTE="9betterluck9, post: 2579629, member: 122391"] I have always thought about all of this stuff, and I guess wished someday I'd be lucky enough to have to worry about it.. That day has yet to come. :D I wwould be almost certain that the majority of the players out there who cashout large sum frequently probably file some sort of taxes on it.. On the same note, I think most players, (90%+ in my opinion) don't file an sort of taxes associated with online poker winning/earnings. I have a question, when you say some needs to file if the cashout/win $600+, does it matter if they had deposited more than that amount in the same year? Just curious if it based of any cashouts, or moreso net winnings. [/QUOTE]
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