Making $1,300 a week Tax Free

Quote from buzz:You guys in the USA dont pay Tax on poker do you,
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The worldwide casual winnings from playing poker by USA residents are fully taxable income. Not only that, but the losses on the days you don't win, and not fully deductible against those winnings on your good days. For USA State income taxes, in many States, the losses are not even partially deductible.
 
It is not that US citizens dont pay taxes on poker and "trader games", but rather do not report them on 1099 Sch. D. That is illegal and could catch up to you in the long run
 
Hi

With anything you post on here you will get some knocking it some for it. but I have been in the market a long time and I think this could be great for new traders and the not so good at trading, it could take off..................Also on tradergames you can play the with no money to test you skills. but I think you will have to sign up for this its free.

rgs

buzz
 
Quote from Buy1Sell2:

i would suggest that you're mind was made up before you brought it up to us
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buy1sell2

I am not look to trade on tradergames, well maybe the 1000 pots. I am thinking of buying it for new traders and the not so good at trading. I was in the YM chat room last week give 44 points in 30 mins scalping the YM Also the next day give 2 trades of over 40 points. these where Live trades. I know how to trade but a lot of traders dont. and I feel this could be a good site and you can add stuff to it.im posting on here to get some feed back 'thats all'.

Buzz
 
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