alp
Banned
- 39,966
- 8,990
- Joined
- Sep 1, 2011
if you bring 10000 all at once to a teller you will get taxed, that's federal lawKnow your legal rights fellow Nters. $1200 or above is what is taxable via gambling w-2. That's on a per spin or per bet basis. If you're playing blackjack at $300/hand and have a come up of $1800 overall, that's not taxable in any regard at all.
AC sounds like a scummy place.
Now if you're betting $60 on roulette in various positions, and have a huge hit totaling more than $1200, they can get yo . But if you hit $1,150 constantly, they have nothing on you.
Point proven. Cousin hit $500, $700, and $400 in one evening on slots. Even with hand pays, he would put it all back in and eventually had a $1500 ticket. No taxes.