Thread: Taboo Question?
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Old 08-31-2004, 12:54 PM
Bob T. Bob T. is offline
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Join Date: Sep 2002
Location: Shakopee, MN
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Default Re: Taboo Question?

My accountant, who is also a poker player as well as being a tax accountant, says that for internet poker you can define a session by your buy-ins and cash-outs. So your buy-ins for the year are what you deduct from your cash-outs. Not your table by table results for the year.

If you are going to pay taxes on your poker winnings, you probably want to use an accountant, and have them get interpretations of all the rules concerning these things, because it isn't at all clear, at least to me.
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