Need Some "Tax" Info from the Masses!

[atolunch]

Its a "signer" if the payout is greater than $600 to $1. I've had several .10c superfecta signers hits.

Am I missing something, what do you mean by it was played for $2, and wouldn't have to sign if played for $1?

My understanding is how much the ticket is played for has no impact on if its a signer or not. For example, if you play a ticket for $400 to win and the horse pays $4 to win, you'll cash for $800, but that's not a "signer" even though the payout exceeds the limit.

Please explain further, if I'm wrong.

Not trying to start trouble, just curious if I should be playing things a different way when I place wagers.

Thanks in advance.