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IRS and poker tourney prizes

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October 19th, 2007, 12:41 PM

toastblows toastblows is offline

Senior Member

Join Date: Sep 2007

Posts: 393

IRS and poker tourney prizes

I think this signals a step closer to the day BJ and other casino table games start requiring IRS forms for modest wins.

Basically starting next March, poker tourney prizes from casinos/poker clubs over $5k have to be taxed.

http://news.yahoo.com/s/ap/20071019/...o_ot/irs_poker

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