Quote:
Originally Posted by WeangBarbosa
from up north
BARBADILLO!!!!!!!!! my nugga!
BTW, while you guy are still arguing about taxes/IRS stuff....
I'd love to know what the general consensus is in terms of the threshold amount of poker income that someone could earn in a year without needing to file taxes(online poker to be specific since I've heard larger live scores are automatically reported?)?
I mean obviously people making big bucks need to just report the income and pay up...but in general what is the lower cutoff amount where someone should start filing their taxes?
$20k/year? $100k/year?
to be clear, I'm not asking whether its possible to get away with not filing your taxes and earn more than $100k or something....obviously if you really want to hide the income you could do so.
I'm asking what the threshold amount is where someone should seriously consider paying taxes on their online poker income if they don't want to be a freeloader who cheats their govt?
Last edited by MerginHosOn24s; 09-09-2013 at 04:52 PM.