Open Board

[ Read Responses | Return to Index | Return HOME ]
[ Previous | Previous in Thread | Next in Thread | Next ]

Re: then, please state that table games?...

 Posted by Bob Miller on 17 October 2004, at 7:11 p.m., in response to then, please state that table games..., posted by gehrig on 17 October 2004, at 4:59 p.m.



Again, you are tax ignorant.


You are talking apples and oranges, pal.


The [original] poster asked about the casino withholding tax on a win.


Federal law is CLEAR. Read it since you fail to grasp,

understand or believe my post. Tax code and statutes are on-line.

Gaming win(s) ***MAY*** be subject to INCOME TAX ***IF*** a winner

meets the tax threshold of the IRS code. Neither you nor I know if
any winner has to report that income. They may well be poor enough
to not have to file at all. And even if they do file, that income may
not be enough to generate a tax liability.



The Open Board is maintained with WebBBS 2.24.092606.