Re: mid year TAX question
To the OP and others that have responded...
The tax implications on Gambling winnings are not cut and dry, that is to say, the reporting of winnings may be handled in different ways for different individuals in different circumstances.
It is not a complicated matter but it is individual in nature.
I am part of a 2 person CPA firm with an office in NYC. Anyone interested in pursuing this further should PM and I will talk with you about some specifics. I am also a winning player [img]/images/graemlins/smile.gif[/img] and understand the poker scene.
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