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  #1  
Old 06-05-2007, 05:22 PM
smittymatt smittymatt is offline
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Default Quarterly Tax question

As a professional gambler, am I forced to declare and pay taxes quarterly, or can I just declare for the entire year each year on April 15th. What if I declare as recreational? I'm asking now because the quarterly deadline is coming up on June 15th, but I will be at the WSOP during this time and have to get this settled before tomorrow when I leave... yes, I'm a horrible procrastinator.
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Old 06-05-2007, 08:14 PM
Roma Norgy Roma Norgy is offline
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Default Re: Quarterly Tax question

If you don't pay quarterly, they will just charge interest and compute your amount owed accordingly.
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