I'm also a that's lost 70~80k a year. Until now I've never my I never had any to.
Yes, you do have to. ALL wins (even as small as $1, or even $0.50, it up to $1), must be and are to tax, of you get a 1099 for them. So if you in past years, you do have to, even if you lost them all later. You amend prior year in order to your, and if to do so, your as well.
Side note - what state are you in? Some, on their state tax, that you must all, but, even. comes to mind, and there are. So if you have $100k of, and $150k of, you pay tax on the $100k of in those. Ouch. – I'm not too with that, but it does seem at least that it may apply in your case. I defer to. – you're that you don't send a when you file your, but you (read:must) be of that. If you do not, you are at risk of all of that upon audit.
Doesn't the poker site your plays, wins,? That would be the. Same goes for any other site,, etc. where you play. And if there is no such, you are for your own. – the most ones are like,, state and local taxes, and 7.5% of AGI. So if you, those also enter the. Your tax and/or tax will help you work those.
