All In Against the IRS: Every Gambler's Tax Guide

This easy-to-read up-to-date guide explains everything gamblers need to know about taxes, including:

• how gambling winnings are taxed
• when winnings are reported to the IRS by casinos;
• when and how much tax is withheld from gambling winnings;
• how to report winnings and document losses;
• the myths and realities of taxation of internet gambling
• completing a tax return when you have gambling winnings
• state income taxes on gambling; and
• how to qualify as a professional gambler.

The information in this book applies to all forms of gambling, including: slots, blackjack, craps, roulette, internet poker, poker tournaments, horce racing, keno, lotteries, bingo, raffles, sweepstakes, and sports betting.