\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Could IRS subpoena all Fanduel payouts?

Was thinking about how the new rules say you can only deduct...
Jet water buffalo laser beams
  01/10/26
90% of people using sites like FanDuel don't deduct any of t...
Rusted bespoke theatre
  01/10/26
But do they report their winnings?
Jet water buffalo laser beams
  01/10/26
Brej, ljl
Rusted bespoke theatre
  01/10/26
wouldn't fanduel issue a 1099 for anyone with significant wi...
hideous partner pervert
  01/10/26
Yeah. Most of those people report. But the vast majority...
Rusted bespoke theatre
  01/10/26
But you don't really need significant winnings right? Let's ...
Jet water buffalo laser beams
  01/10/26
I'm sure all 20 remaining IRS agents are on this
Irradiated greedy crackhouse pistol
  01/10/26
...
Histrionic Market Knife
  01/11/26
...
metal cerise ape national
  01/11/26


Poast new message in this thread



Reply Favorite

Date: January 10th, 2026 10:26 PM
Author: Jet water buffalo laser beams

Was thinking about how the new rules say you can only deduct 90% of your losses.

I'm guessing less than 5% of users will report taxes correctly. Could Bessent be a prick and ask for all their records and prosecute them all?

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49579967)



Reply Favorite

Date: January 10th, 2026 10:28 PM
Author: Rusted bespoke theatre

90% of people using sites like FanDuel don't deduct any of their losses.

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49579972)



Reply Favorite

Date: January 10th, 2026 10:29 PM
Author: Jet water buffalo laser beams

But do they report their winnings?

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49579974)



Reply Favorite

Date: January 10th, 2026 10:32 PM
Author: Rusted bespoke theatre

Brej, ljl

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49579980)



Reply Favorite

Date: January 10th, 2026 10:32 PM
Author: hideous partner pervert

wouldn't fanduel issue a 1099 for anyone with significant winnings?

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49579981)



Reply Favorite

Date: January 10th, 2026 10:34 PM
Author: Rusted bespoke theatre

Yeah. Most of those people report.

But the vast majority of people do not win enough to get to a 1099

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49579985)



Reply Favorite

Date: January 10th, 2026 11:04 PM
Author: Jet water buffalo laser beams

But you don't really need significant winnings right? Let's say someone bets $200 a week and they end up at 0. So they bet $10,000 and own $10,000.

Now they'd have $1,000 in taxable income...

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49580060)



Reply Favorite

Date: January 10th, 2026 11:26 PM
Author: Irradiated greedy crackhouse pistol

I'm sure all 20 remaining IRS agents are on this

(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49580105)



Reply Favorite

Date: January 11th, 2026 3:03 AM
Author: Histrionic Market Knife



(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49580284)



Reply Favorite

Date: January 11th, 2026 12:32 PM
Author: metal cerise ape national



(http://www.autoadmit.com/thread.php?thread_id=5820609&forum_id=2Vannesa#49580823)