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#1
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I believe it's only taxed at the Federal level. There is no state income tax in Florida, for anyone.
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Get well soon, MCA! |
#2
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This is good for us, but most places in the U.S. have State AND Local Income Taxes. Suckers....
In PA, I had to pay 3.2% state and 2.0% local, as I recall. That's an additional 5% of my income out the window every single year. Moving to Florida was like getting a raise. Florida rules. |
#3
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I am in New Hampshire, another no state tax state. But, as I plan to move sometime soon, figured I should ask. Florida may be all warm and shit, but up here our motto is LIVE FREE OR DIE-right on our license plates. Worth living in the state just for the motto.
Also, I love threads like this. Paying taxes on winnings, proper bankroll management, shit like this can be just as important as the cards you play and it is a great reminder to be working on this aspect of the game just as hard. |
#4
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That is a hell of a motto. Being educated in the tax laws becomes very important as you start to make more significant income from poker. Serious players should probably hire a professional.
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Get well soon, MCA! |
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