Re: Clarifications about Tax
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thanks. unfortunately i have not made 10k in poker winnings this year. some people are saying i must declare anyways. i am confused.
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There is a certain threshold (I am not sure of the current number). If you made above that threshold you must file, and you must declare all income, including gambling income. If your total income is below that threshold, you do not have to file, although you can file to get a refund of any tax withheld. This is explained in the beginning of the tax form booklet.
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