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Old 02-01-2007, 06:39 PM
RoundGuy RoundGuy is offline
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Join Date: Oct 2006
Location: Buying more VO, ldo
Posts: 1,932
Default Re: This should end all of the false claims about paying US taxes on p

[ QUOTE ]
Our tax CPA pushed back hard when I told him that we needed to report gross wins and losses, and also when I told him that I had >$5,000 in net winnings and no W-2G. He told me that he had never had a client report any gambling winnings unless they were straight from a W-2G.

[/ QUOTE ]
Wow. Just.....wow.

A note to winning poker players: It pays to get a CPA that actually knows what the IRS rules are. Seriously. It's not their ass when the [censored] hits the fan....it's yours.
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