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Poker Players: How to Declare Your Winnings in Tax Returns
The article was originally published by Poker-Red and reproduced by Educapoker.
Players must declare their poker winnings if they exceed 1,000 euros in a year, or from the first euro if they have other income.
The calculation of net gains during a fiscal year includes both online and live games, excluding state lotteries and ONCE.
Online poker rooms must provide players with their fiscal data, and a formula is given for calculating gains/losses. For live games, only tournament entry fees can be deducted, and a formula is given for calculating gains/losses.
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