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Old 12-23-2008, 09:41 AM
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eajinabi eajinabi is offline
Churchill Downs
 
Join Date: Jun 2006
Posts: 1,755
Default Tax withholdings

If a DD pays about $150 for a $2 bet and one has a $20 wager on that DD, will those winnings be reported to IRS since its payoff is more than $600?
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