Re: Posting Again: Gambling and Taxes.
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The information that I posted was derived from copyright material. For reasons stated, I did not include the authors name. This was posted for, "Oh..., I didn't know that" kind of people. Get my drift?
After the column was written, the IRS withholding tax law/code has changed. Check it out with your tax consultant.
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Unless your drift is that you wanted to post an inaccurate article, no, I don't get your drift. Is the idea that if someone doesn't know anything about this stuff, it's better they get false information than no information at all?
I would be surprised to learn that there was ever a time in history when gambling income was subject to higher income tax than other types of income, really.
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