\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Could IRS subpoena all Fanduel payouts?

Was thinking about how the new rules say you can only deduct...
Slate histrionic university faggot firefighter
  01/10/26
90% of people using sites like FanDuel don't deduct any of t...
Cocky point
  01/10/26
But do they report their winnings?
Slate histrionic university faggot firefighter
  01/10/26
Brej, ljl
Cocky point
  01/10/26
wouldn't fanduel issue a 1099 for anyone with significant wi...
Bronze piazza digit ratio
  01/10/26
Yeah. Most of those people report. But the vast majority...
Cocky point
  01/10/26
But you don't really need significant winnings right? Let's ...
Slate histrionic university faggot firefighter
  01/10/26
I'm sure all 20 remaining IRS agents are on this
Curious crimson meetinghouse police squad
  01/10/26
...
boyish factory reset button old irish cottage
  01/11/26
...
dark juggernaut church
  01/11/26


Poast new message in this thread



Reply Favorite

Date: January 10th, 2026 10:26 PM
Author: Slate histrionic university faggot firefighter

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\u0026mark_id=5310901#49579967)



Reply Favorite

Date: January 10th, 2026 10:28 PM
Author: Cocky point

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\u0026mark_id=5310901#49579972)



Reply Favorite

Date: January 10th, 2026 10:29 PM
Author: Slate histrionic university faggot firefighter

But do they report their winnings?

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2\u0026mark_id=5310901#49579974)



Reply Favorite

Date: January 10th, 2026 10:32 PM
Author: Cocky point

Brej, ljl

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2\u0026mark_id=5310901#49579980)



Reply Favorite

Date: January 10th, 2026 10:32 PM
Author: Bronze piazza digit ratio

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

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2\u0026mark_id=5310901#49579981)



Reply Favorite

Date: January 10th, 2026 10:34 PM
Author: Cocky point

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=2\u0026mark_id=5310901#49579985)



Reply Favorite

Date: January 10th, 2026 11:04 PM
Author: Slate histrionic university faggot firefighter

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\u0026mark_id=5310901#49580060)



Reply Favorite

Date: January 10th, 2026 11:26 PM
Author: Curious crimson meetinghouse police squad

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

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2\u0026mark_id=5310901#49580105)



Reply Favorite

Date: January 11th, 2026 3:03 AM
Author: boyish factory reset button old irish cottage



(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2\u0026mark_id=5310901#49580284)



Reply Favorite

Date: January 11th, 2026 12:32 PM
Author: dark juggernaut church



(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2\u0026mark_id=5310901#49580823)