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Old 11-27-2007, 07:39 PM
Jurollo Jurollo is offline
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Join Date: Mar 2004
Posts: 13,764
Default Re: One-Time Stakes and Taxes

Rob,
I am pretty sure it can be done two ways.

1 - Staker gets 30% of post tax winnings (pretty easy to set aside 30%)

2 - There are forms you can get at a casino which push some of the tax liability from a win to a 3rd party. It is called a "partnership form" or something along those lines.
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