One advantage of wagering on track is that if you cash multiple tickets just below the signing threshold you can redeem them at different windows. The same wagers made online will be reported to the irs.
Is this true? If it is, and someone has ten .50 tickets worth say 550.00 each, does the IRS come knocking on their door demanding the taxes up front?
03-06-2011, 07:41 AM
Threaded Mode