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| This is a discussion on Poker Profit? within the online poker forums, in the General Poker section; When you are doing your yearly taxes how do you add your winnings, lets say the buy in is $60 and you walk a way ... |
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#1
13th August 2008, 6:13 AM
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| Poker Profit? When you are doing your yearly taxes how do you add your winnings, lets say the buy in is $60 and you walk a way with $76 would you add the $76 or just the profit of $16 and dose it work the same with cash games? TIA |
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#2
13th August 2008, 6:15 AM
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| I don't think you have to worry about a profit of $16... nor do i know how you could enter a $60 tournament and cash for $76, but i'm no CPA. |
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#3
13th August 2008, 6:27 AM
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| i place like 17th pretty much just got my money, just a weird question that i thought up. i was also reading somewhere that it is a felony to play online in some states what is the reasoning for it being a unlawful. thanks again, Danny Last edited by wblgti : 13th August 2008 at 6:41 AM. |
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