1. #1
    2178ice
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    Do you have to claim sportsbook winnings on your taxes in Nevada???

    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!

  2. #2

  3. #3
    ProPicker713
    METS!
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    Quote Originally Posted by 2178ice View Post
    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!
    If your going to be scared to gamble, take the exit off the highway and follow a new pursuit of happiness.

  4. #4
    HeDidDisToHim
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    Quote Originally Posted by GoDeViLs View Post
    Tax evasion is a serious road to go down. Why not just pay your taxes like most honest citizens?
    Well, 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.

  5. #5
    CrazyCarl
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    If taxing people at 100% is theft, at what % is it no longer considered theft?

  6. #6
    NunyaBidness
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    Quote Originally Posted by 2178ice View Post
    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!
    No, you don't. There is no state tax in Nevada, so you are safe.

    Once Nevada secedes from the US, you won't have to pay US taxes either. Until then, however, you do.

  7. #7
    hockey216
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    you 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.

  8. #8
    Inspirited
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    take a stand against the wicked government
    be like thoreau

  9. #9
    BoontonNJ
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    No, 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.

  10. #10
    artyfudgepacker
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    can u even set up a sports book account nevada ?

  11. #11
    dalogester
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    Anyone know whay bodog is now bovada.lv ?? Does the lv mean its located in las Vegas now?

  12. #12
    orangeman51
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    Quote Originally Posted by dalogester View Post
    Anyone know whay bodog is now bovada.lv ?? Does the lv mean its located in las Vegas now?
    .lv is for Latvia, not Las Vegas.

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