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Can I compete in chess tournaments with prizes as an F1 student?

If yes, do I have to report when I pay the registration fee? Do I have to report winnings if I win? And do I have to pay taxes on winnings?

submitted by /u/ImportantSeries0
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source https://www.reddit.com/r/immigration/comments/hhxwz4/can_i_compete_in_chess_tournaments_with_prizes_as/
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