http://dayjobnuker.com/2008/12/31/online-poker-vs-live-poker-and-taxes/ Work From Home Jobs | Ways To Make Money Mon, 06 Sep 2010 00:12:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://dayjobnuker.com/2008/12/31/online-poker-vs-live-poker-and-taxes/comment-page-1/#comment-75304 Steve H Tue, 03 Mar 2009 13:11:57 +0000 http://dayjobnuker.com/?p=776#comment-75304 You're right on the cash game part of it I believe. Anything up to 5,000 you don't have to pay taxes on. To me that would be like buying a 8 lottery tickets and hitting 4,999 on each. You wouldn't have to pay taxes on that so why would you if you made less than 5,000 on each hand of poker? Tournaments I understand because it is one lump sum all at once. This is a good debatable question that I would like to know the real answer to. You’re right on the cash game part of it I believe. Anything up to 5,000 you don’t have to pay taxes on. To me that would be like buying a 8 lottery tickets and hitting 4,999 on each. You wouldn’t have to pay taxes on that so why would you if you made less than 5,000 on each hand of poker? Tournaments I understand because it is one lump sum all at once. This is a good debatable question that I would like to know the real answer to.

]]> http://dayjobnuker.com/2008/12/31/online-poker-vs-live-poker-and-taxes/comment-page-1/#comment-58440 Jesse Goodin Wed, 31 Dec 2008 02:30:19 +0000 http://dayjobnuker.com/?p=776#comment-58440 Great Blog post. I am going to bookmark and read more often. I love the Blog template ? if you need any assistance customizing it let me know! Great Blog post. I am going to bookmark and read more often. I love the Blog template ? if you need any assistance customizing it let me know!

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