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  #101  
Old 10-04-2006, 12:20 AM
Claunchy Claunchy is offline
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Join Date: Jun 2005
Location: smart HAG
Posts: 5,182
Default Re: -Here is What I Have Been Doing:

[ QUOTE ]
guys, i very much want to keep in line with IRS. just a question: how do you plan to report poker income after it becomes illegal?

[/ QUOTE ]
The same way I reported it when it was legal.

Two things:
1) Gambling online itself has not been criminalized. There are absolutely no criminal penalties for playing online poker.

2) Even if there were, you can't be prosecuted based on filing income taxes for income earned illegally. It's unconstitutional and stuff.
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  #102  
Old 10-04-2006, 12:44 AM
dingying dingying is offline
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Join Date: Jan 2006
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Default Re: -Here is What I Have Been Doing:

thanks. that's very clear.
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