I am going to open an account for a sports book in Nevada but they want my social so i'm scared ill get taxed on my winnings lol???Help!
Do you have to claim sportsbook winnings on your taxes in Nevada???
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2178iceSBR High Roller
- 03-12-13
- 138
#1Do you have to claim sportsbook winnings on your taxes in Nevada???Tags: None -
YouMamaSBR Wise Guy
- 01-04-12
- 727
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ProPicker713SBR Hall of Famer
- 12-15-10
- 6788
#3If your going to be scared to gamble, take the exit off the highway and follow a new pursuit of happiness.Originally posted by 2178iceI am going to open an account for a sports book in Nevada but they want my social so i'm scared ill get taxed on my winnings lol???Help!Comment -
HeDidDisToHimSBR Hustler
- 11-19-12
- 78
#4Well, the government is spending our money (and kids and grandkids and their kids and...) so well right now on illegal wars and unlimited welfare. I can understand why someone wouldn't want to feed the beast.Originally posted by GoDeViLsTax evasion is a serious road to go down. Why not just pay your taxes like most honest citizens?Comment -
CrazyCarlSBR MVP
- 10-09-11
- 1437
#5If taxing people at 100% is theft, at what % is it no longer considered theft?Comment -
NunyaBidnessSBR Hall of Famer
- 07-26-09
- 9345
#6No, you don't. There is no state tax in Nevada, so you are safe.Originally posted by 2178iceI am going to open an account for a sports book in Nevada but they want my social so i'm scared ill get taxed on my winnings lol???Help!
Once Nevada secedes from the US, you won't have to pay US taxes either. Until then, however, you do.Comment -
hockey216SBR MVP
- 08-20-08
- 4583
#7you have to be paying federal taxes on your winnings no matter where you reside. If the IRS finds out that you didn't report gambling winnings on your 1040 (tax return), they will send you to prison for a very long time.Comment -
InspiritedSBR MVP
- 06-26-10
- 1789
#8take a stand against the wicked government
be like thoreauComment -
BoontonNJSBR Rookie
- 03-26-13
- 20
#9No, max youll get a fine. Long time? Not a chance. No state income tax in nevada, but fed tax still aplys. Bet with a local, wont have any problems.Comment -
artyfudgepackerSBR MVP
- 01-06-13
- 2205
#10can u even set up a sports book account nevada ?Comment -
dalogesterSBR MVP
- 01-02-13
- 1088
#11Anyone know whay bodog is now bovada.lv ?? Does the lv mean its located in las Vegas now?Comment -
orangeman51SBR High Roller
- 03-19-10
- 151
#12.lv is for Latvia, not Las Vegas.Originally posted by dalogesterAnyone know whay bodog is now bovada.lv ?? Does the lv mean its located in las Vegas now?Comment
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