Get your taxes done using TurboTax

Thank you everyone for your insight. I guess I have a clear picture now.

 

1099k positive+ negative

gambling winnings +losses

 

AGI will shoot up but I won’t be responsible for taxes on entire AGI as I do itemized deductions 

 

In case of an audit from IRS, I will be ready with PayPal and gambling site records

 

@Opus 17 

@BrittanyS