\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Could IRS subpoena all Fanduel payouts?

Was thinking about how the new rules say you can only deduct...
dashing multi-billionaire
  01/10/26
90% of people using sites like FanDuel don't deduct any of t...
Laughsome crimson philosopher-king clown
  01/10/26
But do they report their winnings?
dashing multi-billionaire
  01/10/26
Brej, ljl
Laughsome crimson philosopher-king clown
  01/10/26
wouldn't fanduel issue a 1099 for anyone with significant wi...
milky medicated locus cuckold
  01/10/26
Yeah. Most of those people report. But the vast majority...
Laughsome crimson philosopher-king clown
  01/10/26
But you don't really need significant winnings right? Let's ...
dashing multi-billionaire
  01/10/26
I'm sure all 20 remaining IRS agents are on this
mind-boggling unholy tank goyim
  01/10/26
...
Nubile Place Of Business
  01/11/26
...
Primrose trip temple
  01/11/26


Poast new message in this thread



Reply Favorite

Date: January 10th, 2026 10:26 PM
Author: dashing multi-billionaire

Was thinking about how the new rules say you can only deduct 90% of your losses.

I'm guessing less than 5% of users will report taxes correctly. Could Bessent be a prick and ask for all their records and prosecute them all?

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49579967)



Reply Favorite

Date: January 10th, 2026 10:28 PM
Author: Laughsome crimson philosopher-king clown

90% of people using sites like FanDuel don't deduct any of their losses.

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49579972)



Reply Favorite

Date: January 10th, 2026 10:29 PM
Author: dashing multi-billionaire

But do they report their winnings?

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49579974)



Reply Favorite

Date: January 10th, 2026 10:32 PM
Author: Laughsome crimson philosopher-king clown

Brej, ljl

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49579980)



Reply Favorite

Date: January 10th, 2026 10:32 PM
Author: milky medicated locus cuckold

wouldn't fanduel issue a 1099 for anyone with significant winnings?

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49579981)



Reply Favorite

Date: January 10th, 2026 10:34 PM
Author: Laughsome crimson philosopher-king clown

Yeah. Most of those people report.

But the vast majority of people do not win enough to get to a 1099

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49579985)



Reply Favorite

Date: January 10th, 2026 11:04 PM
Author: dashing multi-billionaire

But you don't really need significant winnings right? Let's say someone bets $200 a week and they end up at 0. So they bet $10,000 and own $10,000.

Now they'd have $1,000 in taxable income...

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49580060)



Reply Favorite

Date: January 10th, 2026 11:26 PM
Author: mind-boggling unholy tank goyim

I'm sure all 20 remaining IRS agents are on this

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49580105)



Reply Favorite

Date: January 11th, 2026 3:03 AM
Author: Nubile Place Of Business



(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49580284)



Reply Favorite

Date: January 11th, 2026 12:32 PM
Author: Primrose trip temple



(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2)#49580823)