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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (46059)	6/16/2013 6:11:39 PM
From: Brumar89	Respond to of 85487

Report gambling winnings on Form W-2G if: ..... 3.The winnings (reduced by the wager or buy-in) are more than $5,000 from a poker tournament .... http://www.irs.gov/instructions/iw2g/ar02.html So unless one walks away with $5000 in winnings, the IRS doesn't know about it. We know, however, a public spirited citizen who wants the government to tax the hell out of him will be sure to report all his winnings even if the casino doesn't: I am in the upper 7% tax bracket and I say tax the hell out of me to help the poor. Message 28949179 Sure.