http://www.las-vegas-blog.com/other-business-finance/should-money-earned-from-online-gambling-be-reported-to-the-irs A blog on everything Las Vegas Mon, 21 May 2012 18:51:05 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://www.las-vegas-blog.com/other-business-finance/should-money-earned-from-online-gambling-be-reported-to-the-irs/comment-page-1#comment-800 Doctor Deth Wed, 18 Mar 2009 13:35:51 +0000 http://las-vegas-blog.com/other-business-finance/should-money-earned-from-online-gambling-be-reported-to-the-irs/#comment-800 if you win more than $600 before getting cashed out, they might send you a 1099 which you would HAVE to report on your tax return then if you win more than $600 before getting cashed out, they might send you a 1099 which you would HAVE to report on your tax return then

]]> http://www.las-vegas-blog.com/other-business-finance/should-money-earned-from-online-gambling-be-reported-to-the-irs/comment-page-1#comment-799 angela Tue, 17 Mar 2009 22:22:48 +0000 http://las-vegas-blog.com/other-business-finance/should-money-earned-from-online-gambling-be-reported-to-the-irs/#comment-799 I took an H & R Block tax course and we were told that the IRS wants everyone to report all income, whether obtained legally or illegally. They would like taxes paid on money made by hookers and drug dealers, etc. If you claim it, you can put it under other income on the front of the 1040 and call it gambling winnings. I took an H & R Block tax course and we were told that the IRS wants everyone to report all income, whether obtained legally or illegally. They would like taxes paid on money made by hookers and drug dealers, etc. If you claim it, you can put it under other income on the front of the 1040 and call it gambling winnings.

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