Taxes

[bigwoodbeats]

I'm an 18 year old college student who doesn't have a steady source of income. If I make $10,000 from online poker and deposit it straight into my checking account doI have to pay any taxes? When do you start having to pay taxes on poker winnings? /images/graemlins/club.gif /images/graemlins/heart.gif /images/graemlins/diamond.gif /images/graemlins/spade.gif

[sin808]

yes & any. This topic has been discussed many times. Consult the search engine for previous threads and a tax professional for more info.

[Warior]

Yes you must file and declare it. However, it would be unlikely that for that amount you would owe much or any tax.