US Residents: What are the tax laws for money earned through offshore gambling?

[jmp]

I'm new here and I figured I come directly to those who might do this for a living.

[seaborneq]

Keep your mouth closed and volunteer no information. That's it. pretty simple.

[SBR_John]

Justin could answer this the best.

Net gambling winnings are taxed as ordinary income for non professional gamblers. If you qualify as a professional you are able to write off expenses related to gambling such as publications, lines services, ect.

[Monitor-Tan]

Everything you receive is pretty much considered income unless specified.