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No, nevertheless it will be exciting to see what code section offered up with to justify withholding. Of course, if The legislature amends the Signal to specify withholding from tournaments, after that it will end up a non-issue. 26 Circumstance. S. C. Sec. 3402 (a) (3) (C) reads, “Sweepstakes, wagering pools, selected parimutuel pools, jai alai, and lotteries”The IRS will attempt to lump online poker tournaments in as wagering pools.
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