Re: $1M / year playing 5-10...doable?
[ QUOTE ]
[ QUOTE ]
Do you have to pay taxes if you keep your entire roll on pokersites? I mean, you play poker and earn 1 million. But you only cash out 50k or something. Then you move to the UK and do one year of your education there and cash out.
[/ QUOTE ]You're still a US citizen. You would have to renounce your citizenship. You can't come back into the country and you might still have to pay taxes for up to 10 years.
[/ QUOTE ]
I thought you paid taxes in the country you lived in regardless of citizenship. Ie you say you made the million when you were in England.
|