Archive for July, 2007

Should a professional gambler who file Income Tax as a gambler, report losses & wins from online gambling?

Friday, July 13th, 2007
gambling law
DocHampton asked:


Online gambling is considered an illegal activity, however I feel like I should report my wins and losses in that area just the same as I report them from casinos. Will I get in trouble with the law by admitting that I gamble online (as millions of others do.)

Walter