I think gamblers have always had to declare winnings on their tax forms. If the gambler had losses to offset the winnings, they had to track them.
So its always been like this.
Senior Member
I think gamblers have always had to declare winnings on their tax forms. If the gambler had losses to offset the winnings, they had to track them.
So its always been like this.
Last edited by gilchristr; 12-09-2022 at 11:03 PM.
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Senior Member
Yep, and if you win more than a certain amount (it varies depending on what you're playing), the casino is required to report it to the IRS and issue you a W-2G
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[Private]-GSIV:Nyatherra: "Until this moment i forgot that i changed your name to Biff Muffbanger on Lnet"Originally Posted by Back
Just remember.. anyone making less than $400K a year will not see 1 extra penny in new taxes.
Joe can't believe some of you people actually believed him.
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You're confusing paying higher taxes on reported income with those people who hide income in order to escape taxes. Tax fraud is a crime and should be caught.Just remember.. anyone making less than $400K a year will not see 1 extra penny in new taxes.
Joe can't believe some of you people actually believed him.
BANNED 4 LYFE
Fixed.
[Private]-GSIV:Nyatherra: "Until this moment i forgot that i changed your name to Biff Muffbanger on Lnet"
Senior Member
GS & IRS $600 rule
Last edited by Slark; 12-23-2022 at 05:54 PM.
Senior Member
I was just about to post
Does the IRS realize that the Democrats who pushed this bill are retarded?
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Not their job.
Ceterum censeo Carthaginem esse delendam
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