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Could IRS subpoena all Fanduel payouts?

Was thinking about how the new rules say you can only deduct...
Sable nighttime site
  01/10/26
90% of people using sites like FanDuel don't deduct any of t...
Fear-inspiring spectacular theater toilet seat
  01/10/26
But do they report their winnings?
Sable nighttime site
  01/10/26
Brej, ljl
Fear-inspiring spectacular theater toilet seat
  01/10/26
wouldn't fanduel issue a 1099 for anyone with significant wi...
Honey-headed death wish indian lodge
  01/10/26
Yeah. Most of those people report. But the vast majority...
Fear-inspiring spectacular theater toilet seat
  01/10/26
But you don't really need significant winnings right? Let's ...
Sable nighttime site
  01/10/26
I'm sure all 20 remaining IRS agents are on this
Lake hairraiser trust fund
  01/10/26
...
brindle geriatric market
  01/11/26
...
Copper dingle berry national
  01/11/26


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Date: January 10th, 2026 10:26 PM
Author: Sable nighttime site

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=2Elisa#49579967)



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Date: January 10th, 2026 10:28 PM
Author: Fear-inspiring spectacular theater toilet seat

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=2Elisa#49579972)



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Date: January 10th, 2026 10:29 PM
Author: Sable nighttime site

But do they report their winnings?

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



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Date: January 10th, 2026 10:32 PM
Author: Fear-inspiring spectacular theater toilet seat

Brej, ljl

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



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Date: January 10th, 2026 10:32 PM
Author: Honey-headed death wish indian lodge

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

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



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Date: January 10th, 2026 10:34 PM
Author: Fear-inspiring spectacular theater toilet seat

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=2Elisa#49579985)



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Date: January 10th, 2026 11:04 PM
Author: Sable nighttime site

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=2Elisa#49580060)



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Date: January 10th, 2026 11:26 PM
Author: Lake hairraiser trust fund

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

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



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Date: January 11th, 2026 3:03 AM
Author: brindle geriatric market



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



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Date: January 11th, 2026 12:32 PM
Author: Copper dingle berry national



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