Poker Forum

Ok first im sorry if this has been coverd but im new and couldnt find it. And i dont know if there is a search (i couldnt find one)

Ok Im 20 years old and have been playin poker for at least 5 years. I think im good enough to start playin a bankroll and try to live off of it (online mainly, but there is an indian casino near by with an age limit of 18). So my question is, is there a tax on gambling in the U.S.? and if there is what kinda guidelines do i have to follow? is there an amount you must win before you have to file? And is there any way to file for a corporation that you "play for" to save most of your taxes? sorry if that doesnt make much sense but thanks for any input.

Hello, Please read the story by John Fahle

http://www.pokernews.info/news/2005/04/poker-and-the-law-one.htm

If you have any question, post it to coments section of this article and he will answer it.