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IRS Withholding on US Tournament Winnings Starts in 2008

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08-31-2007, 08:54 PM

Siren

Siren is offline

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Join Date: Nov 2005

Location: Downey, CA

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IRS Withholding on US Tournament Winnings Starts in 2008

Starting March 2008 the IRS will require casinos to take withholding from any net tournament winnings over $5000.

This is a link to an article about the old procedures, but there is a link in the upper right of the page to today's new rules.
http://www.gambling-law-us.com/Artic...-debunking.htm

Shirley
http://www.poker-babes.com/

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