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  #1  
Old 09-06-2007, 05:08 AM
Short Stacked Short Stacked is offline
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Join Date: Dec 2006
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Default Harrahs changes reporting rules!!!!!
Great news! Just found out that Harrah's has changed the reporting threshold for Poker from $600 to $5000. In addition, they deduct the buy-in from the withholding amount, so you must have a net win of $5000 or more to receive tax forms.

It went into effect today.
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  #2  
Old 09-06-2007, 07:09 AM
jmcbride4231978 jmcbride4231978 is offline
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Default Re: Harrahs changes reporting rules!!!!!
I was wondering why they didn't give me a W2G at Harrahs when I won. I just assumed they made a mistake and left before they figured it out. That is great news!
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  #3  
Old 09-06-2007, 07:38 AM
BrianBigNFun BrianBigNFun is offline
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Default Re: Harrahs changes reporting rules!!!!!
That's not just harrah's that's a new federal law
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  #4  
Old 09-06-2007, 09:54 AM
psandman psandman is offline
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Default Re: Harrahs changes reporting rules!!!!!
Whats the difference you report all your income don't you.
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  #5  
Old 09-06-2007, 01:54 PM
magoo magoo is offline
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Default Re: Harrahs changes reporting rules!!!!!
I don't think you have the entire picture on the changes, which go into effect in 2008. You use the term "poker". If you mean poker "tournaments", your information is incomplete.

[ QUOTE ]
Great news! Just found out that Harrah's has changed the reporting threshold for Poker from $600 to $5000. In addition, they deduct the buy-in from the withholding amount, so you must have a net win of $5000 or more to receive tax forms.

It went into effect today.

[/ QUOTE ]
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  #6  
Old 09-06-2007, 03:18 PM
Quadstriker Quadstriker is offline
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Join Date: Jan 2005
Posts: 1,677
Default Re: Harrahs changes reporting rules!!!!!
[ QUOTE ]
Whats the difference you report all your income don't you.

[/ QUOTE ]

Less paperwork for us (staff) to fill out in the poker room means more time catering to the needs of the customers with that premium customer service you've come to know and love at Harrah's Entertainment! [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/wink.gif[/img]
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  #7  
Old 09-10-2007, 11:21 PM
FiveFingerz FiveFingerz is offline
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Join Date: Jul 2007
Location: Maryland
Posts: 66
Default Re: Harrahs changes reporting rules!!!!!
[ QUOTE ]
[ QUOTE ]
Whats the difference you report all your income don't you.

[/ QUOTE ]

Less paperwork for us (staff) to fill out in the poker room means more time catering to the needs of the customers with that premium customer service you've come to know and love at Harrah's Entertainment! [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/wink.gif[/img]

[/ QUOTE ]

I have to agree there harrahs poker rooms are some of the best i've been in.
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