Thread: Taxes for poker winnings
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Old 10-25-04, 11:33 AM
PShabi PShabi is offline
MC Adam Yauch
  

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Default Taxes for poker winnings
When do you have to start paying taxes on poker winnings? Is there a certain amount before they tax? Also, how would they know if you were a winner or loser? Just because I deposit $1000 worth of checks from Pac Poker doesn't mean I'm on top you know. I play other places.

Anyone with any advice on this would be greatly appreciated.

Also, what percentage can be taxed?