Thread: Poker Taxes
View Single Post
  #6  
Old 05-10-2007, 08:29 AM
TLC TLC is offline
Senior Member
 
Join Date: Aug 2003
Location: Virginia
Posts: 106
Default Re: Poker Taxes

You've received good advice thus far -- "see a CPA" and "just pay the taxes".

I might be reading too much between the lines with your "new deposit" vs. "just profits" comment, but I want to stress that you owe taxes for the year in which you earn/win monies...not when you withdraw them from a site.
Reply With Quote