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Old 12-08-2005, 07:44 PM
mlagoo mlagoo is offline
Senior Member
 
Join Date: Feb 2005
Posts: 811
Default Re: Tax Question : Claim Total Winnings or Cashout?

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Each session, that's freaking impossible. I have 15 min sessions when I log on.

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yeah, these were my thoughts.

for instance, ive only made about 2k playing SNGs this year. not talking big money here. but if i claim all my winnings, technically, as income, i'm talking like $12000 (actual money received from tourneys), whereas my tournament entries were about $10000. this seems kind of screwed up, and could potentially change my income bracket (i'm a student now). i dont want that =/
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