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Thread: Contest sites
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Old 03-04-2018, 10:23 PM   #61
big frank
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Join Date: Jul 2008
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taxes

if you make 5 withdrawls in a year of 400 bucks each time ,, do you pay taxes on the 2,000 dollars ? I guess you probaly have to.......if you don't withdraw at all do they report your winnings to irs at end of year like otb would ? ?? I love horsetourneys and havent requested a payout yet......... Is there any way around the tax issue if you take a few small payouts a year ??? Thanks
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