Taxes question
Hey guys, sorry cause I"m sure this has been done before, but here goes...
I was wondering what a non-professional poker player needs to do about taxes. Lets say I'm up 50K for the year, but only have withdrawn 25K of that money. When do I need to pay taxes. Should I claim money in my partypoker account, or just money I've cashed out? Any other advice?
Thanks,
-Ace
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