Hi, H and Rob. Rob, I saw your question in your thread. I didn't know TVG withholds taxes and reports winnings to IRS. This would seem to be a major disadvantage compared with offshore books who don't report to IRS. You have to report the gross winnings and you get credit for the withheld amount when you file..
Hi, H and Rob. Rob, I saw your question in your thread. I didn't know TVG withholds taxes and reports winnings to IRS. This would seem to be a major disadvantage compared with offshore books who don't report to IRS. You have to report the gross winnings and you get credit for the withheld amount when you file..
Hi, H and Rob. Rob, I saw your question in your thread. I didn't know TVG withholds taxes and reports winnings to IRS. This would seem to be a major disadvantage compared with offshore books who don't report to IRS. You have to report the gross winnings and you get credit for the withheld amount when you file..
Zuck, how you been man? Yeah I just found out they withhold 25% now and you don't have to claim again at tax time.
Quote Originally Posted by howzuck:
Hi, H and Rob. Rob, I saw your question in your thread. I didn't know TVG withholds taxes and reports winnings to IRS. This would seem to be a major disadvantage compared with offshore books who don't report to IRS. You have to report the gross winnings and you get credit for the withheld amount when you file..
Zuck, how you been man? Yeah I just found out they withhold 25% now and you don't have to claim again at tax time.