taxed on cashes?

[AcesUp]

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I don't think they take taxes out ever - if you cash over 10k, they give you a form to fill out for taxes I am pretty sure, but I haven't heard of them taking taxes out for you.

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They don't take any taxes out (assuming you are a US Citizen), but you will have to fill out a form (W2-G) for *any* win in a WSOP event (other than satellite). It gets reported to the IRS, and you are expected to pay appropriate taxes.


-Aces