Best US state for gambling taxes that offers online
Join Date: Jan 2021
Posts: 403
I'm not an expert on tax law for gambling, never worried much about it on the off shore sites. Out of the current legal states for online, is there a huge difference between say MI and NV? It looks like all of the sites will be linked soon and I plan to move to play. I'm not a professional by definition, I have other income, but I play as much or more than most professionals, if that makes a difference. Any links to good sources to educate myself are appreciated, thanks in advance.
Join Date: Dec 2020
Posts: 19
NV is better for tax purpose since there's no state taxes. You pay additional 4% on your income if you reside or work in MI opposed to NV.