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Thanks for the response, attorney at law. With Eliot Spitzer's girl as your avatar, I can only hope that you are smarter than him.
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Muh_Knee | 7 |
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Thanks, vanzack. Is it necessary to provide detailed support?
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Muh_Knee | 7 |
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Good Morning Everyone -
Just wanted to start by saying this is my first post here on Covers, although I have been reading posts on this site for a while, and I am impressed with the level of camaraderie and knowledge that you all share with each other.
I have read numerous posts from people (US citizens) who were worried about receiving checks from offshore books, fearing that they could get in trouble based on the UIGEA; however, others have responded (specifically Vanzack), stating that there is nothing to worry about as long as you pay your taxes on your winnings.
While I have no problem with this, I was hoping someone would be able to provide me with advice as to how this would be done. Would I have to fill out a Form W-2G, or would I just report it on Form 1040?
Any information would be greatly appreciated!
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Muh_Knee | 7 |
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