Thread: Why Tax?
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Old 04-07-2005, 11:05 AM
slickterp slickterp is offline
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Join Date: Nov 2004
Location: philly
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Default Re: Why Tax?

basically, with online poker, there is a paper trail, so it'll be hard to get out of it. if you get money transferred to your account or you get a w/drawal check and deposit it, it'll be obvious when it's for 2 grand. if you go to a casino and win, you can have taxes taken out right there so you don't have to pay them later. you have to pay taxes on all income (like investments, etc.) regardless of source.
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