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Old 07-13-2006, 04:25 PM
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2MinsToPost 2MinsToPost is offline
The Curragh
 
Join Date: May 2006
Posts: 2,760
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Thanks man, that is very clear to understand. Cool, not that I will have a signer anytime soon lol

Quote:
Originally Posted by GPK
By federal law, any wager which results in proceeds of $600.00 or more must be reported to the Internal Revenue Service (IRS), IF the amount of such proceeds is at least 300 times as large as the amount wagered. Any wager which results in proceeds of more than $5000.00 is subject to withholding, if the amount of such proceeds is at least 300 times as large as the amount wagered
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