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Forum: Poker Legislation 10-10-2007, 03:24 PM
Replies: 2
Views: 49
Posted By Double Eagle
Re: State Taxes on Tournament Winnings

Ok, I was afraid that my expenses for Tournaments in other states would not be deductible against California income. Now what if the order was reversed and my cash in California came prior to...
Forum: Poker Legislation 10-10-2007, 03:10 PM
Replies: 2
Views: 49
Posted By Double Eagle
State Taxes on Tournament Winnings

How does a tournament professional who is staked report his state taxable income in the following scenario.

1) His staking deal is 50% of winnings after makeup.
2) He plays 5 10k tourneys in...
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