penguinfan
03-20-2006, 11:47 AM
Probably been discussed several times so a link to the prevoious discussion is fine.
Curious about paying taxes on winnings. I have no problem paying taxes on my winnings, I realize to some of you this will be a small amount and others think they shouldn't pay taxes on poker winnings, for the sake of argument let's just say I am going to pay the taxes and leave it at that.
I was fortunate enough to win a Mini Step 5 game at Party yesterday and $2000.00 What is the best way to go about reporting this money, I am not interested in a hassle about on-line gambling, but am even less interested in a hassle from the IRS.
Thanks
Curious about paying taxes on winnings. I have no problem paying taxes on my winnings, I realize to some of you this will be a small amount and others think they shouldn't pay taxes on poker winnings, for the sake of argument let's just say I am going to pay the taxes and leave it at that.
I was fortunate enough to win a Mini Step 5 game at Party yesterday and $2000.00 What is the best way to go about reporting this money, I am not interested in a hassle about on-line gambling, but am even less interested in a hassle from the IRS.
Thanks