Re: Can anyone tell me when I have to start reporting my winnings..?
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I am winning about 3k a month and I have to take out more than a few hundred to get by. Lots of it stays in my roll, but i'm paying for part of my tuition, books, and housing with poker money, and I also need to purchase a new car (think i stated that in the first post), so masking my winnings isn't really an option.
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36k a year is starting salary for a High School Teacher. Do you think they post in forums on whether or they have to pay their taxes?
I've posted in the past, that I don't think subtle moves to avoid paying full are necessarily EV-. However, that is a lot of money man!
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ahem.. perhaps i came off wrong in my initial post or one of my later posts, but i am in no way trying to dodge the taxes. was just lookin for a clarification. i've yet to have to do taxes until this year since i had never had a job until this summer (which i've recently quit), so I have no idea how the whole taxing thing is done, especially not when it comes to internet gambling.
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