Re: Who Pays Taxes on Poker Earnings? (POLL)
I have been playing online recreationally for a while now, and reported my meager winnings (several thousands) the past 2 years using the obviously incorrect method of deducting my deposits from my withdrawals. This year has been a much better year and I intend to meet my tax obligations in full. However, I am not much of a record keeper. Aside from keeping records in the future, what can I do about reporting my winnings from earlier this year? Should I estimate winning sessions and losings sessions.
This is a very helpful thread, and I appreciate any comments.
Later
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