Posted:
#1
For the 1st time for a WSOP event at the end of June/Start of July and have a few questions.
Ive read many things on the tax laws for gambling in the USA and they are all saying something different it seems. If I law down 1100 to win 1000 on a sports game to i get taxed on my winnings? Or 500 to win on a 3:1 Horse that pays me $2000? If i sit down at a poker table and cash out $2000, do i get taxed?
Is it really busy there at this time of year?
Since the WSOP is at the RIO, which hotels would I be bes to stay at that are in walking distance to that?
Thank you for any answers you provide it is much apretiated.
Ive read many things on the tax laws for gambling in the USA and they are all saying something different it seems. If I law down 1100 to win 1000 on a sports game to i get taxed on my winnings? Or 500 to win on a 3:1 Horse that pays me $2000? If i sit down at a poker table and cash out $2000, do i get taxed?
Is it really busy there at this time of year?
Since the WSOP is at the RIO, which hotels would I be bes to stay at that are in walking distance to that?
Thank you for any answers you provide it is much apretiated.
0
Hot Forum Topics
