Two Plus Two Older Archives

Two Plus Two Older Archives (http://archives2.twoplustwo.com/index.php)
-   Rake Back (http://archives2.twoplustwo.com/forumdisplay.php?f=49)
-   -   online casino gambling affiliate tax question (http://archives2.twoplustwo.com/showthread.php?t=406737)

12-28-2005 08:28 PM

online casino gambling affiliate tax question
 
I am a CasinoBlasters affiliate. CasinoBlasters is an online casino gambling company based in Canada. I am a resident of the United States of America. I get paid 50% of the profits when a player that I refer loses money. Do I have to report any of my earnings to the IRS since 1. I am a US citizen and CasinoBlasters is a Canadian company or 2. The nature of the business is online gambling. Would either of these be reason enough not to have to report my earnings to the IRS?

Thanks much,
Darren

bisonbison 12-28-2005 08:34 PM

Re: online casino gambling affiliate tax question
 
Someone help Darren, please.

JonPKibble 12-28-2005 08:36 PM

Re: online casino gambling affiliate tax question
 
1. Of course you have to report the income.

2. This is the wrong forum to be posting this question in.

DavidC 12-28-2005 09:47 PM

Re: online casino gambling affiliate tax question
 
[ QUOTE ]
Someone help Darren, please.

[/ QUOTE ]

LOL, nice title.

morgant 12-28-2005 10:25 PM

Re: online casino gambling affiliate tax question
 
if you are a US citizen you are legally suppose to claim any income(even if you are a drug dealer). tax evasion is how they nail most illegal enterprises like the mafia if they cant get them on more substantial crimes(i am not saying being an affilaite is an illegal business).

i suggest you call an accountant because from the wording of your post, you do (as bisonbison says) 'need help'

RikaKazak 12-29-2005 01:35 AM

Re: online casino gambling affiliate tax question
 
LOLOL, yeah right......you have to report your earnings, but don't worry, there's an ammedment in there that says the IRS won't give info away to a prosecutor if you pay taxes on illegal stuff.


All times are GMT -4. The time now is 07:42 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.