Is money won at bitcoin gambing sites taxable in the USA?

Discussion in 'General Android Gambling Discussion' started by Donald, Jan 18, 2017.

  1. Donald

    Donald Member

    If I win a large amount of bitcoin playing poker or sports betting, do I still have to pay income tax on it? What is the IRS position on bitcoin at the moment? Is it considered a currency or just some weird nerd money that they don't care about?

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