Thread: Taxes question
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Old 11-15-2005, 04:44 PM
popeye18 popeye18 is offline
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Join Date: Mar 2005
Posts: 83
Default Re: Taxes question

Ok so say i have 40k in winning sessions and 30k in losses, for a net profit of 10k. If i declare properly(and put the 40k as wins, and then have the 30k as deductions) how much am i looking at paying? Im 20, full time student, a dependent, and poker was my only income in 2005. Thanks.
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