1. #1
    Astro.Co
    Astro.Co's Avatar Become A Pro!
    Join Date: 10-16-16
    Posts: 4
    Betpoints: 246

    Gambling - Tax Reporting

    Any experience when it comes to reporting taxes on gambling wins and losses? Net 6+ figure amounts annual.

    Any advice, referrals, or information on the subject is greatly appreciated. *Not interested in evading tactics*

  2. #2
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,757
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    I'd be spending the money on an accountant who is expert in the area to deal with 6 figure profits.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: Astro.Co

  3. #3
    KS1986
    KS1986's Avatar SBR PRO
    Join Date: 05-20-17
    Posts: 550
    Betpoints: 9576

    Quote Originally Posted by Optional View Post
    I'd be spending the money on an accountant who is expert in the area to deal with 6 figure profits.
    Good advice

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