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#21
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There is legal gambling everywhere, including online, you just declare winnings and deduct losses (but have the paperork to back that up if you are audited) You just list the activity as gambling, and since it isn't illegal to play, it isn't illegal gambling anyway.
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#22
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[ QUOTE ]
There is legal gambling everywhere, including online, you just declare winnings and deduct losses (but have the paperork to back that up if you are audited) You just list the activity as gambling, and since it isn't illegal to play, it isn't illegal gambling anyway. [/ QUOTE ] but what if you are in a state where it is a felony to play poker online? are you saying that you just list the activity (playing poker) as "gambling" when you do your taxes and this makes it ok since you aren't being too specific? |
#23
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I live in NY and play regularly on the train while commuting to work in the full vision of anyone who cares to look at my monitor.
I am sure I have had cops sit next to me from time to time. The only feedback i've ever gotten from anyone has been "whoa, coool!" |
#24
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[ QUOTE ]
[ QUOTE ] There is legal gambling everywhere, including online, you just declare winnings and deduct losses (but have the paperork to back that up if you are audited) You just list the activity as gambling, and since it isn't illegal to play, it isn't illegal gambling anyway. [/ QUOTE ] but what if you are in a state where it is a felony to play poker online? are you saying that you just list the activity (playing poker) as "gambling" when you do your taxes and this makes it ok since you aren't being too specific? [/ QUOTE ] jesus christ. there are CASINOS in NY. on a tax form, it does not say "are you gambling online?" you just say..."GAMBOOOOOOOL!" |
#25
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[ QUOTE ]
[ QUOTE ] [ QUOTE ] There is legal gambling everywhere, including online, you just declare winnings and deduct losses (but have the paperork to back that up if you are audited) You just list the activity as gambling, and since it isn't illegal to play, it isn't illegal gambling anyway. [/ QUOTE ] but what if you are in a state where it is a felony to play poker online? are you saying that you just list the activity (playing poker) as "gambling" when you do your taxes and this makes it ok since you aren't being too specific? [/ QUOTE ] jesus christ. there are CASINOS in NY. on a tax form, it does not say "are you gambling online?" you just say..."GAMBOOOOOOOL!" [/ QUOTE ] thank you, and sorry for ruining your week. |
#26
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[ QUOTE ]
[ QUOTE ] [ QUOTE ] There is legal gambling everywhere, including online, you just declare winnings and deduct losses (but have the paperork to back that up if you are audited) You just list the activity as gambling, and since it isn't illegal to play, it isn't illegal gambling anyway. [/ QUOTE ] but what if you are in a state where it is a felony to play poker online? are you saying that you just list the activity (playing poker) as "gambling" when you do your taxes and this makes it ok since you aren't being too specific? [/ QUOTE ] jesus christ. there are CASINOS in NY. on a tax form, it does not say "are you gambling online?" you just say..."GAMBOOOOOOOL!" [/ QUOTE ] ok so then what happens if you get audited and you live in a felony state?....?? |
#27
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No comment!!!!!!!!
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#28
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[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] There is legal gambling everywhere, including online, you just declare winnings and deduct losses (but have the paperork to back that up if you are audited) You just list the activity as gambling, and since it isn't illegal to play, it isn't illegal gambling anyway. [/ QUOTE ] but what if you are in a state where it is a felony to play poker online? are you saying that you just list the activity (playing poker) as "gambling" when you do your taxes and this makes it ok since you aren't being too specific? [/ QUOTE ] jesus christ. there are CASINOS in NY. on a tax form, it does not say "are you gambling online?" you just say..."GAMBOOOOOOOL!" [/ QUOTE ] ok so then what happens if you get audited and you live in a felony state?....?? [/ QUOTE ] hopefully they won't take my comp away and crack my usernames i have saved on keepass with a 13-digit alphanumeric, special character password... |
#29
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Yes, you should declare your winnings even if you live in a state where it is a felony to play. The IRS does not care about the legality of the activity - only that you pay the taxes on it. Remember what Al Capone went to jail for...
Now maybe someone who is a lawyer can clarify this part since I'm not sure where I may have heard it or the veracity -- I believe that your admission of illegal income on a tax form cannot be used to prosecute you for the crime. It is an extension of the 5th amendment right to not self-incriminate. |
#30
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Umm, I've paid taxes and child support under the title of Professional Internet Gambler in the state of Wisconsin...
And since when is Wisconsin on this danger list? |
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