straytfrush
Rock Star
Silver Level
I have had no trouble depositing and withdrawing from poker websites so I don't think it belongs under there.
As far as I am aware, in the US it is illegal to gamble online. It is legal in the US to gamble in person if you are 21 years of age or older. I am under 21 years of age and have received enough money in the past year I Iclare it as online winnings, I am underage so I can not say I won it live (not that I could anyway I've usually been paid by check).
I have noticed that often times when you watch wsop or something they occasionally mention a players online winnings when they clearly live in the US. These guys win hundreds of thousands yearly, how do they deal with taxes? What should I be doing?
As far as I am aware, in the US it is illegal to gamble online. It is legal in the US to gamble in person if you are 21 years of age or older. I am under 21 years of age and have received enough money in the past year I Iclare it as online winnings, I am underage so I can not say I won it live (not that I could anyway I've usually been paid by check).
I have noticed that often times when you watch wsop or something they occasionally mention a players online winnings when they clearly live in the US. These guys win hundreds of thousands yearly, how do they deal with taxes? What should I be doing?