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Old 12-14-2005, 08:31 PM
Drontier Drontier is offline
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Join Date: Mar 2005
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Default Taxes

I am 19 years old. I am curious as to how/if I have to pay taxes for poker winnings. I currently 4 table 10/20 6 max logging in about 25k hands a month. I've never had a job before, so I don't know if the IRS(is that who comes?) comes to me or I talk to them. Also, about what percent of my winnings do I need to pay? Do they check my banking accounts? I use neteller as a median between my bank account and poker site. This is my first month that I have played this muhc poker. Thanks.
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  #2  
Old 12-14-2005, 08:37 PM
Degen Degen is offline
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Default Re: Taxes

the search function is your friend

there is a MASSIVE thread on this currently in the magazine forum if you want to check there
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