Gains from online poker may be subject to income tax

poker tournament taxes
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As a general rule, a rate of 24% on winnings over $5,000 are usual Deductions Due to Expenses A poker professional can deduct a variety of

If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding

poker star gratis The guidance is designed to clear up confusion about the tax reporting rules that apply to poker tournaments In recent years, some casinos and

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