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[QUOTE="dmorris68, post: 1936476, member: 40397"] I think a lot of you getting hung up on the tax issue are forgetting that the DOJ and the Treasury (IRS) are two different arms of the US government and they typically do not collaborate, or even get along for that matter. From what I've heard the IRS has had no involvement whatsoever in the DOJ actions of Black Friday. I can almost assure you that the DOJ will not be collecting any taxes -- it isn't their job nor their jurisdiction to do so. Worst case they share player info with the IRS and even that's highly unlikely. As Debi says, a balance by itself does not indicate taxable winnings. They would have to audit the deposits vs winnings vs losses of every US player to arrive at a meaningful tax liability. Remember that the vast majority of online players are *losing* players, so it's doubtful after such an exhaustive effort that they would recoup enough in taxes to pay for the effort itself. Besides, as WVH said, if you're been doing the right thing all along and paying taxes on your winnings anyway, then you've really got nothing to worry about. ;) And whoever said poker winnings aren't taxable because if their illegal status (which itself is wrong because playing online poker isn't illegal in the US, never has been, a couple of specific states notwithstanding), has obviously never filled out a long form 1040 and read any sort of tax law/instructions. [/QUOTE]
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