That's not how it works, the players card keeps track of your wins and losses, you only pay tax on the end result for the year, so if you lost for the year you pay no tax on all hand pays, if you ended up saying 5k ahead but had 100k in hand pays, you only pay tax on the 5k, not the 100k, if you do not understand you should not gamble.
Hi Scott, he has a handle on it. What is right for some isn't right for others. Have a great day!! Thank you for watching and commenting, I really appreciate it.
@@jillphillips8117Actually, that is exactly how it works. Any slot or VP single win $1200 or above is taxed. Fast pay technology allows a player to bypass the wait on receiving a 1099 form, but you still have to pay taxes on it.
Keep it Up!
He will. We haven't been able to sync our trips but I hope to be able to get with him soon! Thank you HighStakesPokerReplays!
It's so intense watching you play at this level!!! Thank you for the videos!
He is really fun to watch. Thank you so much for watching and commenting! I appreciate it AuntieMoMo
I didn't know Jeff bezos gambled
I didn't either😅
@@VegasSlotsVP I just figured with the bank roll and name Jeffery 🤣🤣🤣
@@edsmith2503 🤣🤣🤣
So you win your money back and yet you lose, because you have to pay taxes on a jackpot. Something seems very wrong with this…..
That's not how it works, the players card keeps track of your wins and losses, you only pay tax on the end result for the year, so if you lost for the year you pay no tax on all hand pays, if you ended up saying 5k ahead but had 100k in hand pays, you only pay tax on the 5k, not the 100k, if you do not understand you should not gamble.
Hi Scott, he has a handle on it. What is right for some isn't right for others. Have a great day!! Thank you for watching and commenting, I really appreciate it.
@@jillphillips8117Actually, that is exactly how it works. Any slot or VP single win $1200 or above is taxed. Fast pay technology allows a player to bypass the wait on receiving a 1099 form, but you still have to pay taxes on it.
Who can afford that!
Jeff can 😁
The paytable on that game is terrible
13/4/3 Deuces WIld Bonus Poker (98.80%)
9/6 on double double , triple double. That's standard
It still played.... I've seen that happen a LOT
It's a little irritating watching you switch games so often.
In VP the games will go cold - Thats why we switch around. It's a way to keep our bankroll and keep us playing.