Quote:
Originally Posted by koulish1
Hello, I play online MTTs. I might be forced to move to NJ (Atlantic city) because of my gf's job. Currently I am able to play Bodog, ACR, GG (VPN), Global poker. Chico. Among these 5 sites there is enough action for me to make a decent living. I have three questions:
1) on which of these I will be still able to play?
2) when combined the legal online sites in New Jersey and some live tournaments is it possible to make a living in New Jersey as an online MTT pro?
3) how exactly should I be filing my taxes as an online poker pro? or the legal sites like 888 will automatically deduct the tax?
Techincally you can't play on any of the non-legislated sites. Now how that is enforceable is iffy. But you can definitely make a good living playing online MTTs here, there's enough between WSOP, Borgatapoker, and Pokerstars to make above avrage AC salar. You can get an idea by looking at some of the PG&C posts of NJ regulars (search redsox who is/was full time MTT player).
Finally Taxes, you should look at the taxes section, shouldn't be different from playing online elsewhere in US. The poker sites will issue you an end of year report, but generally no W2s are served unless for big scores or table games.
Good luck!