This should end all of the false claims about paying US taxes on poker

[atomicsoda]

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you are scaring people who make no money gambling online.


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In some ways, accurate records are more important for net losers. There are several examples of losing gamblers who hit a big, documented jackpot and were forced to pay taxes on it even though they were net losers for the year, since without records they could not prove any losses.

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Yes, that is true. Most people are forced to pay on jackpots. Hang around an OTB parlor and you will see how people will complain about this after hitting ther trifecta and scheme of ways to find losses to offset so they can get the withholding back on their tax return.