Reporting Gambling Winnings

These gains are FullTilt Poker

How do you know they did not report the income? Have you prepared their tax returns knowing that it is fraudulent? If you did, you could be held guilty too.

If you have evidence of fraud or tax evasion, filing a Form 3949-A ... http://www.irs.gov/pub/irs-pdf/f3949a.pd with the IRS. If the only "proof" that you have is his claim that he did not blow report the income, the IRS probably not act on your report. And if it was a game of casino earnings were reported to the IRS, so they already know about it and can not use the evidence you provide to reward you for your report.

Normally, if someone earns more than $ 1,200 at the end of a century of the tournament, the casino issues normally a W-2, G In this case, when the guy in his chips and cash dealers inform the boss of the cage. In most cases, the casino takes in some local taxes. Normally, they ask people to refuse because the casino will file a Form 945, would normally be withholding 31%

You should not have this amount of money will be reported to the IRS anyway. And do you know for sure they havent lost that amount or more, they may also report losses. / It is better to mind your own business.

Why not mind your own business and let them enjoy their gains when Im sure that the losses were just as bad