Re: Quick Tax poll (not whether or not you\'re paying)
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My definition of a session is that it begins when you buy chips (deposit) from an online poker site and ends when you cash those chips out (in the case of online to neteller or a bank account), just as I believe it does with live poker.
Also, I have absolutely no records of session by session play but I do want to be legitimate and pay taxes even if I only made like 10 or 15k, so bank and neteller records is all I have to go on.
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The IRS has ruled that such things as taking a long lunch break or switching from Hold'em to Omaha can trigger a new session with B&M play. I don't think your 'until I cash in the chips' plan is legal. Of course I really can't see any way for them to find out...
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