Your thumbnail says you "went home with big money, no taxes." How is that possible? To my knowledge, the only way that would be legally possible for a US citizen would be for your "big money" to be offset by BIGGER losses incurred this year. Maybe you mean you don't have to pay the tax on net winnings until next April. Please explain your comment about no taxes. I hope everyone who creates and watches TH-cam gaming videos understands and complies with the tax laws.
It's cash, so as long as it's under $1200 in a single spin / bonus the casino does not report it to irs, however, if you track your wins and losses through the year you are supposed to self report if you come out on top. Most people don't track that closely
Correct. No immediate report to IRS by casino, but I pay my taxes in April same as any other US citizen for any income. I don’t think that one should be confused by thumbnail, and I am sorry that you were. If you live in US then you know the US tax law because you have to follow it. Not a choice.
Dee-lightful session!! Enjoyed watching!
Thank you
Love you videos! Love your accent as well where are you from?
Congratulations
Thank you! ❤️
very good
Thank you! ❤️
I'm trying to learn to wait before hitting the spin.
Yes, that’s smart, we should play slower.
You should get ready to sell merch, like sweatshirts and tea shirts. Your slogan for the tea shirts could be "Come on Hats!"
Good idea! 👍 Thx!
I skip forward when the denomination is less than 5 cents...otherwise I enjoy watching!
Ok, thx for the feedback. Make sense.
Your thumbnail says you "went home with big money, no taxes." How is that possible? To my knowledge, the only way that would be legally possible for a US citizen would be for your "big money" to be offset by BIGGER losses incurred this year. Maybe you mean you don't have to pay the tax on net winnings until next April. Please explain your comment about no taxes. I hope everyone who creates and watches TH-cam gaming videos understands and complies with the tax laws.
It's cash, so as long as it's under $1200 in a single spin / bonus the casino does not report it to irs, however, if you track your wins and losses through the year you are supposed to self report if you come out on top. Most people don't track that closely
Correct. No immediate report to IRS by casino, but I pay my taxes in April same as any other US citizen for any income. I don’t think that one should be confused by thumbnail, and I am sorry that you were. If you live in US then you know the US tax law because you have to follow it. Not a choice.