Posted:
#126
Quote Originally Posted by Biscuiteater1:
if only Shrimp was here.
Shrimp's posting over at ChristianMingle.com now.if only Shrimp was here.
(man sighing emoticon )
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All nflcapperletsgo supporters, post here!
Pass the torch
Posted:
#130
Quote Originally Posted by nflcapperletsgo:
You need to pay taxes on all winnings. But if you have losses in the same year, those go against this gain. It is the net gain/loss at the end of the year that determines your tax liability. but if you lose more than you win, it sounds like you're fine. but you do have to pay taxes on net gambling winnings each year. Good luck brother.
You need to pay taxes on all winnings. But if you have losses in the same year, those go against this gain. It is the net gain/loss at the end of the year that determines your tax liability. but if you lose more than you win, it sounds like you're fine. but you do have to pay taxes on net gambling winnings each year. Good luck brother.
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