if I choose the standard tax return and I win 12k and lose 10K, will the amount on which to pay taxes be 2 or 12k? because if it was on 12K, I'm losing it
J
Latest posts made by jack
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RE: Questions about Taxes and Withdrawals
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RE: Offers available in a different state
is there any update about that?
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RE: Questions about Taxes and Withdrawals
But instead of using the new $600 threshold right away, the IRS applied the previous reporting threshold for the 2022 and 2023 tax years. For the 2024 tax year, the IRS is using a $5,000 threshold, regardless of the number of transactions. The threshold will drop to $2,500, regardless of the number of transactions, for the 2025 tax year. Starting in 2026, the $600 threshold will apply.
i read this, so from the next year, before $2500, don't i have to pay taxes on my profit?
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RE: How to deposit $ on the bookmakers?
can i deposit with revolut or icard maybe?
is there difference between sites on deposit?