Could IRS subpoena all Fanduel payouts?
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Poast new message in this thread
Date: January 10th, 2026 10:26 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
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) |
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Date: January 10th, 2026 10:29 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
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: .,..,..,.,,..,..,,,,,,,,..,...,.,.,.,
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 11:04 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
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) |
Date: January 10th, 2026 11:26 PM
Author: .,..,,.,.,.,.,.,..,.,.,..,..,
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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