How much money in taxes do you pay for playing online poker?

3 Responses to “How much money in taxes do you pay for playing online poker?”

1. LegFuJohnson • January 27, 2010 at 12:27 am

   Depends on the country.

   Then it depends on your income. (And of course, if you declare it).

   If you make 20K a year, then you’d add the 5K and pay taxes on 25K. If you make 100K a year, then you’d declare 105K and pay taxes. You’d pay a higher rate of taxes if you made 105K..

   It’s income tax, not a gambling tax.

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2. fah-q • January 27, 2010 at 1:27 am

   simply don’t pay it…if the press finds out you pay the tax and a small amount of interest and say ”mr. president, it would be too much of a distraction to your administration and I respectfully decline the cabinet appointment” !!!!!!!!

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3. BC • January 27, 2010 at 2:01 am

   depends on the country.

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