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Taxable Payouts from Online Book?

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Prospect
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Joined: Oct, 2010
Posts: 23
Posted: #1
When cashing out winnings from an online sports book, naturally these are deposited in a checking s/savings account in your bank. Are these taxable, do i have to do anything when i file my taxes?

I want to be completely good with IRS so any advice is appreciated.
 
Prospect
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Joined: Dec, 2014
Posts: 1
Posted: #2
Yes.. You can go for a gaming tax refund company. They can will help you get back your tax within 12- 15 weeks. I have a very good experience with Refund management service. They really helped me to get back my tax. 
 
Captain
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Joined: Mar, 2002
Posts: 7312
Posted: #3
Quote Originally Posted by xaviermorin:

Yes.. You can go for a gaming tax refund company. They can will help you get back your tax within 12- 15 weeks. I have a very good experience with Refund management service. They really helped me to get back my tax. 


FTW ?
 
 
Hall of Fame
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Joined: Nov, 2004
Posts: 22557
Posted: #4
Ignorance has no boundaries...IMO

Hey life ... xavier is strokin him..
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