Question about Winnings and Taxes

[brahmabull117]

So last year I made decent money gambling and reported it in taxes with no real problems


My goal is to make a lot more money this year and I'm gonna still report all off my income. Could I get in trouble by irs for making too much money gambling???


Does irs care if you make a lot of money gambling as long as u pay ur taxes???

[doublej95]

pay your taxes and they are happy.

[BIGDAY]

I've never had a problem

[AribaAriba]

Same here i've won over 1million + winnings and irs is still not running on my ass...

[brahmabull117]

Same here i've won over 1million + winnings and irs is still not running on my ass...

U made a million gambling???


Any proof??

[doublej95]

Same here i've won over 1million + winnings and irs is still not running on my ass...

[rfr3sh]

made 5 mill also no problems, I bet everyone on this site is a winner too

[brahmabull117]

Come on guys, serious answers. Obviously nobody here is a millionaire

[brahmabull117]

Bump

[durito]

stop asking stupid questions

[ngates815]

I made 8 bucks last year...I didn't report it. And if the IRS comes to my house, then I'll make sure to grab some jizz outta my cupboard and throw it on them when I answer the door.

[opie1988]

I reported the $2000 I lost, and all the IRS agents just laughed at me and called me a square.

[ngates815]

I reported the $2000 I lost, and all the IRS agents just laughed at me and called me a square.

I got called a square.

It doesn't feel good.

[brahmabull117]

Bump

[Extra Innings]

You don't have to pay taxes on losses

[paco]

[sweethook]

if your poor you have to file and pay , if your rich you have to file it and write it off 100%