Re: This should end all of the false claims about paying US taxes on p
Another article which states the letter of the law but takes no account of how things work in the real world. I again ask what if you multitable and count each table as a session and count breaks. Does that mean reporting 200 sessions a day? What if I have a full time job but play lots of onine poker and end up with $1,000,000 in wins and $999,000 in loses? What if I make some money but the site folds and I never recieve it?
P.S. Stop throwing around prison. No one goes to prison for reporting their income incorrectly. Truthfully, few go to prison even in blatant cases of fraud. The IRS just wants, and tends to get, its money. Contact a tax professional. They live in the real world.
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