Just curious, question to usa players.
Say you make $1900 dollars in Feb. playing cash games.
fast forward 1 year later or to whenever taxs are due, say you have emassed $12500, what is to stop you from leaving it on your poker account and not paying tax on it?
There are millions of pokerstars
accounts, im just wondering what would they do to *force* you to pay tax on it? Just cuz ur a nice guy you will hand over 1/3 of your winnings? <-- cant honestly believe nitty poker players would do it.
Im talking about non-traceable winnings to prove you are indeed making cash, aka you have not transfered them to a bank.
Do you get taxed? Taxed when you finally withdraw? What if you just transfer it to a really good friend in europe and they bank wire you the money?
Answers plxplx ^^