Las vegas Sportsbook HELP Please --

[kbsooner21]

That's what I was thinking too KB, but I didn't want to say that and look like an ass if it was wrong.

The most I have ever won is around $1,500..

Gee, thanks buddy

You know me, never afraid to make myself look like a jackass

[pake]

KB,
I always thought that 10K was the limit for no tax papers. But someone had told me it was 5K now. That's why I am
pondering. If a 1099 is involved, I got to fly back up and
produce some ID and sign the forms, right ??

[longnex]

I thought you got a tax form once you hit the $10,000 mark. I believe you can win up to $9,999.99 and not have to fill out the tax form. Not positive on that though.

If you play blackjack and win over $10,000 dont take it to the cashiers cage all at once and you wont get taxed. Take $9000 and go back the next day and cash out the rest. Slot machines are taxed at $1200.

[longnex]

KB,
I always thought that 10K was the limit for no tax papers. But someone had told me it was 5K now. That's why I am
pondering. If a 1099 is involved, I got to fly back up and
produce some ID and sign the forms, right ??

Im not sure about sports betting. Call the sportsbook you bought the ticket from and ask them.