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These are due to IRS regulations, and it isn't taxes paid, just withheld. The players must declare this money as income, less any deductions, to the IRS and then they can have the difference returned to them. For professional players, if they had losses and expenses to offset some of these winnings, they might get quite a lot of it back - even all of it. ...


In the US, when you do your taxes, you are required to show your income from poker. This would be the total of all of your winnings, minus your losses. However, you can not show a loss on your tax return, so the lowest amount you can show is $0.00. This means that you can deduct your buyin from your winnings in this case. If you are a professional ...

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