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-   -   <21 years old in US, any chance of being arrested? (http://archives1.twoplustwo.com/showthread.php?t=372558)

LotteryOrPoker 04-09-2007 05:56 PM

Re: <21 years old in US, any chance of being arrested?
 
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The IRS is restricted from passing tax information to other authorities.

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I'm quite certain that this is bull [censored].

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The US Attorney's offices indict many tax fraud cases. They are constantly working with the IRS. All you have to do is read press releases from any US Attorney's offie to realize this is BS.

This guy should pay his taxes. In many places you can gamble at 18. He will get in a lot more trouble for not paying the IRS than he will for playing poker online.

Ace0fSpades 04-09-2007 07:27 PM

Re: <21 years old in US, any chance of being arrested?
 
Figure out what the legal gambling age is for your state. I'm 18, but I'm legally playing online poker.

Skallagrim 04-09-2007 10:38 PM

Re: <21 years old in US, any chance of being arrested?
 
Arrgh - what is the state of Modern Education?

If you admit you are engaging in criminal activity the IRS can and will report you.

But have you even read the tax form? There is no requirement that you list your "gambling winnings" with the addition: "from online poker in a state where the minimum gambling age is ___ ." If the IRS audits you ands asks about where you were gambling, you can assert the Fifth Amendemnt and refuse to answer and are entitled to a lawyer (which you will need at that point).

cdlarmore 04-11-2007 02:19 AM

Re: <21 years old in US, any chance of being arrested?
 
your odds of getting audited are low, and you can write off all losses and falsify any atm reciept as a loss unless they can prove otherwise, sit steady and youll be ok, they should have larger fish to fry....
on the other hand, with all your schooling deductions, you can claim the entire amount, and still not pay any taxes, i would go for that, the irs wont concern themselves with the legality of your action, only their cut
make sure you deduct all your poker related expenses


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