Thread: Taxes
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Old 10-01-2005, 05:27 PM
AcmeSalesRep AcmeSalesRep is offline
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Join Date: Aug 2004
Posts: 25
Default Re: Taxes

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Ok I read a lot from the search engine. The overall stance was that it's better to pay taxes. Anyways, made 1k this year playing mostly .25/.50, .5/1, and casino whoring in my free time. I had a job over the summer that didn't pay much at all. Should I worry about the 1k? Non of it has entered my bank account yet...it's all in neteller. Should I make $200 transfers from neteller to my bank account every month or something? I really don't know.

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Whether or not you transfer it into your bank account is irrelevant -- in the US, all gambling winnings are taxable.

Acme
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