Sports Books now really sending out tax forms

[jjgold]

It’s already impossible to beat -110 now you have to pay taxes on it


Your winnings history indicates that you have NOT triggered a W-2G event for the year 2022 and will NOT be receiving a W-2G form for the 2022 tax year.

I never got those emails before

I think a W-g Event is over 600-1 or gross winnings for year?

 

[samsncharge99]

Didnt receive one. Must have gotten lost in the mail

 

[goblue05]

If your poor don't bother paying taxes. The IRS doesn't waste their time with little fish.

 

[uh_uh_eugine]

If your poor don't bother paying taxes. The IRS doesn't waste their time with little fish.

I dunno GB. When I was a do-it-yourselfer I made a mistake for a whopping $64 somalians. They tracked me down pretty freekin quickly.

 

[goblue05]

I dunno GB. When I was a do-it-yourselfer I made a mistake for a whopping $64 somalians. They tracked me down pretty freekin quickly.

The income tax isn't even legal. Of course the communist country we live in will send you to jail but your going their unjustly.

 

[uh_uh_eugine]

The income tax isn't even legal. Of course the communist country we live in will send you to jail but your going their unjustly.

Lets Go Brandon !

 

[goblue05]

The government is so corrupt that people feel obligated to pay for the theft the government does to them. I pay anyway but I don’t even generate income so maybe that’s why I’m never bothered.

 

[jjgold]

All they wanna do is tax tax tax

 

[JDS]

Offshore doesn’t have our socials, so it’s impossible. I‘m in Florida so I can’t bet with the American books. I can imagine they ask for it regarding payouts.

 

[rolandcorts]

Uncle Sam freerolls gamblers. Disgusting.

 

[slickfazzer]

Get a good accountant.

 

[Tanko]

What sucks about the taxing situation is that the threshold for reporting winnings is so low yet the process for off-setting those winnings with losses requries an accountant, two office assistants to manage the documentation, and a lawyer.

 

[BobbyFK]

Which book sent you this JJ?

 

[jjgold]

Mgm
Fanduel
So far

 

[slickfazzer]

JJ call Corey B Trots for legal advice.