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Old 08-28-2006, 10:52 AM
NoSoup4U NoSoup4U is offline
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Join Date: Apr 2004
Posts: 260
Default Re: Jamie Gold Responds to $12 M WSOP Lawsuit

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I think the SE tax liability in his case would be negligible. Someone correct me if I'm wrong... IANAL.

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Medicare is not capped. The SE tax on 12 million would be $360,000.
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