How much money in taxes do you pay for playing online poker?
Tags: How Much Money, Playing Poker, Special Circumstances
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on Thursday, December 31st, 2009 at 9:28 pm and is filed under Gambling.
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January 3rd, 2010 at 10:59 pm
Depends on the country.
Then it depends on your income. (And of course, if you declare it).
If you make 20K a year, then you’d add the 5K and pay taxes on 25K. If you make 100K a year, then you’d declare 105K and pay taxes. You’d pay a higher rate of taxes if you made 105K..
It’s income tax, not a gambling tax.
January 5th, 2010 at 7:47 am
simply don’t pay it…if the press finds out you pay the tax and a small amount of interest and say ”mr. president, it would be too much of a distraction to your administration and I respectfully decline the cabinet appointment” !!!!!!!!
January 6th, 2010 at 3:28 am
depends on the country.
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