Online Poker taxes?
Posted by admin
I really do not understand why you have to pay taxes on, online poker or why so many people on here give other people grief about trying to get around it…cause really 25% for federal is kinda crazy on something they had nothing to do with,
As if you were too win $50,000 on a site not based in the US they would be expecting 1/4 because all winnings even out of country are taxable which is really stupid (just another way for unk Sam to do us dirty but as so many people asked on here if you were too deposit a grand or so here and there the IRS would never know …as for all these people giving you guys hell tell them to screw off, cause these guys like paying taxes to fund a war that is pointless and cant be won its either that or there to bad at cards to play or were raised/ or gay with an IRS MAN LOL oh and those poker sites are not required to report to the irs cause there not in the us and remember the rest of the world thinks were a joke in the first place
January 29th, 2009 at 5:22 am
#1 – Take you opinion parts to your blog (war, gay, etc). They don’t belong here on answers.
#2 – Gambling winnings have been considered part of income by the IRS for quite some time. While it gets a bit confusing clarifying jurisdiction on the internet, people are still sitting in America and ‘earning’ their profits.
Report the income, pay the tax and move onto something different. Retaining 75% of something is still better than 0% of nothing.
February 1st, 2009 at 1:32 am
Part of the responsibility of being an American is paying taxes. It doesn’t matter where you live or where you earn your money. As an American citizen, you have to file a tax return in America and declare your taxable income (you may receive a credit for taxes paid in another country).
Gambling winnings are taxable in the US per the IRS code and have been for some time. It doesn’t matter where the gambling takes place. So suck it up and buck up.
February 2nd, 2009 at 3:45 am
All income obtained worldwide no matter the source is taxable.