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Old 07-06-2005, 12:45 AM
TheHammer24 TheHammer24 is offline
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Join Date: Apr 2005
Location: Changing my skirt
Posts: 335
Default Re: Online poker and taxes...?

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I've made 3000 this year. However, I only work 3 months a year, and the majority of that money is tips, therefore, 3000 is more than what I make in reported wages.

Should I worry about reporting such a small amount of money.

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Of course you need to report it. Most people don't consider $3,000 chump change.

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Obviously I should. However, it costs me 300 dollar in taxes. Is the IRS really going to designate resources to audit me in order to get 300 dollars?
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