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Could IRS subpoena all Fanduel payouts?
| odious pit | 01/10/26 |
| Magenta Twisted Macaca | 01/10/26 |
| odious pit | 01/10/26 |
| Magenta Twisted Macaca | 01/10/26 |
| Pearl heady garrison juggernaut | 01/10/26 |
| Magenta Twisted Macaca | 01/10/26 |
| odious pit | 01/10/26 |
| Blue titillating factory reset button | 01/10/26 |
| Bateful immigrant corner | 01/11/26 |
| Histrionic Ruby Piazza Son Of Senegal | 01/11/26 |
Poast new message in this thread
Date: January 10th, 2026 10:26 PM Author: odious pit 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? |
Date: January 10th, 2026 10:28 PM Author: Magenta Twisted Macaca 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) |
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Date: January 10th, 2026 10:29 PM Author: odious pit But do they report their winnings? (http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2).#49579974) |
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Date: January 10th, 2026 10:32 PM Author: Magenta Twisted Macaca Brej, ljl (http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2).#49579980) |
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Date: January 10th, 2026 10:32 PM Author: Pearl heady garrison juggernaut wouldn't fanduel issue a 1099 for anyone with significant winnings? (http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2).#49579981) |
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Date: January 10th, 2026 10:34 PM Author: Magenta Twisted Macaca Yeah. Most of those people report.
But the vast majority of people do not win enough to get to a 1099 |
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Date: January 10th, 2026 11:04 PM Author: odious pit 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... |
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Date: January 10th, 2026 11:26 PM Author: Blue titillating factory reset button I'm sure all 20 remaining IRS agents are on this (http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2).#49580105) |
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Date: January 11th, 2026 3:03 AM Author: Bateful immigrant corner (http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2).#49580284) |
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Date: January 11th, 2026 12:32 PM Author: Histrionic Ruby Piazza Son Of Senegal (http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2).#49580823) |