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  1. #1
    Chaser
    Join Date
    Dec 2010
    Location
    NY
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    194

    Default Tracking cash flow

    When someone is playing poker online, or live for that matter, how do they keep track of their funds for tax time? A spread sheet with the hand history? That's a lot of paper lol?

    Hows it work?

  2. #2
    River Rat Ipokergood's Avatar
    Join Date
    Dec 2010
    Location
    Dallas TX, $11+1 SNG
    Posts
    347

    Default

    Quote Originally Posted by Poker92 View Post
    When someone is playing poker online, or live for that matter, how do they keep track of their funds for tax time? A spread sheet with the hand history? That's a lot of paper lol?

    Hows it work?
    Check Stubs, my friend. Check stubs.

    Seriously though, you don't need to keep HH's or anything like that. It's shouldn't be that hard to keep up with your profit.
    Last edited by Ipokergood; 07-25-2011 at 01:13 PM.

  3. #3
    Super Moderator
    Join Date
    Dec 2010
    Posts
    680

    Default

    Who actually pays teh taxes? lolol

  4. #4
    Chaser
    Join Date
    Dec 2010
    Location
    NY
    Posts
    194

    Default

    Now I feel silly, that was obvious. I thought you have to track it day-by-day.

    Thanks guys.

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