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-   -   Taxes (http://archives2.twoplustwo.com/showthread.php?t=398563)

Drontier 12-14-2005 08:31 PM

Taxes
 
I am 19 years old. I am curious as to how/if I have to pay taxes for poker winnings. I currently 4 table 10/20 6 max logging in about 25k hands a month. I've never had a job before, so I don't know if the IRS(is that who comes?) comes to me or I talk to them. Also, about what percent of my winnings do I need to pay? Do they check my banking accounts? I use neteller as a median between my bank account and poker site. This is my first month that I have played this muhc poker. Thanks.

Degen 12-14-2005 08:37 PM

Re: Taxes
 
the search function is your friend

there is a MASSIVE thread on this currently in the magazine forum if you want to check there


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