IRS Withholding on US Tournament Winnings Starts in 2008

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IRS Withholding on US Tournament Winnings Starts in 2008

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#11

09-02-2007, 12:54 PM

Tuff_Fish

Senior Member

Join Date: Jan 2003

Location: San Diego

Posts: 980

Re: IRS Withholding on US Tournament Winnings Starts in 2008

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But if the IRS is keeping a big chunk of the bankroll, it's difficult to do so.

[/ QUOTE ]

I was under the impression they kept 20%. Does the amount vary? Anybody know?

Tuff

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