Question:

Paying Taxes on online poker winnings?

by  |  earlier

0 LIKES UnLike

I was wondering how and if it is possible to pay taxes on winnings from playing online poker in the (U.S)?

 Tags:

   Report

3 ANSWERS


  1. Is it possible?  Of course it is.

    How do you do it?  Simple.  On your tax return, enter the amount you won, then pay the tax.


  2. unless you winnings were so large that the casino/cardhouse  gave you a tax form to sign  why would you claim the winnings on your end of year taxes??

  3. Be sure to report both your winnings and losses so you claim the net win not the gross.

    King Cobra Poker

Question Stats

Latest activity: earlier.
This question has 3 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Unanswered Questions