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Old 03-07-2007, 05:14 PM
Orlando Salazar Orlando Salazar is offline
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Join Date: Nov 2006
Location: DUCY
Posts: 1,353
Default Re: Proposed book profiling big online winners

If you are filing as a pro, get a CPA, pay quarterly based on pokertracker stats.
If not and you have a job or are a student, keep great records on cashouts pay taxes on whatever hits your neteller/epassporte account/bank account, net of any deposits for the year. I know everyone is scared of the IRS. But, reality is, if you are reporting income and paying on it, the most you will owe them is interest.
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