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Old 02-26-2007, 12:22 AM
7n7 7n7 is offline
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Join Date: Sep 2004
Posts: 1,369
Default Re: Scared of the IRS

My guess is that the majority of people in your situation won't report anything and pray they won't get audited. If you have no records of wins/losses, outside of guessing, what can you do?

Sniper didn't mean that you were out here flaunting your failure to pay taxes, only saying that you're leaving e-proof of that fact for the IRS to see should they so choose.

Recall that before internet poker, there wasn't a real good way to track your spending at a casino. Now, there's an electronic trail (e.g. Netteller, poker sites, bank statements).

If you do get audited, the punishment isn't death you know.

Ask your CPA what you can do.
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