Blackjack not a taxable transaction!

shadroch

Well-Known Member
#41
djsull said:
I read the entire thread, from post one to the end. I didn't find complete answers to all of my inquiries. So, I asked a clear, thorough series of questions, which could have been answered in less time that it's taken to go back and forth...simple!

Canceler, thank you for the link to an addt'l thread about taxes. I'll take a look.

I took a look...and that thread, along with this thread, are mostly talking about methods of filing, employment designations, etc. In other words, those things that are the burden of the tax payor. If you read my original post, I'm looking for info regarding reporting by third parties, i.e. casinos & banks. I want to know all the different ways that someone else is telling the feds that I've won a big pile of money.

Thanks.

If you want information like that,why would you ask a player?
Seriously,how would I know what a casino or my bank is sharing with the Federal Government?
There are government rules for reporting cash transactions,there are SARs that can be filed,there is a crime known as structuring( making many small deposits to avoid making big ones),ect,ect,but why would you expect to get expert advice here? Would you go to IRS.Com to ask BJ advice?
 
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