Do you play daily fantasy sports? Do you need help figuring out how to file your winnings and losses for taxes on daily fantasy sports?
In a four-part series for LSR, Polizzano breaks down the key issues facing daily fantasy sports players – and operators – come tax time. Review the series below, and click on any part for an in-depth exploration of that issue.
Did you receive a tax form as a result of your daily fantasy sports play in 2015? Even if you played and won and did not receive any tax forms, there still may be an obligation to report and pay taxes on winnings.
Should DFS play be treated as gambling when filing your tax return? It’s not a black-and-white answer.
Whether you consider yourself a DFS pro or just a recreational player can affect how you file your taxes.
While players have a number of concerns when it comes to filing taxes on their DFS play, DFS operators also have a lot of questions to consider when considering taxes.