Re: How bad did the IRS Stick it to you this year
[ QUOTE ]
thats kida weak sir, find me on the play tables if u want to get busy!!!!!!!!!!!!!!!!
[ QUOTE ]
I'm a dual citizen (it's complicated).
US poker winnings last year get taxed in the states.
US donations/IRA get deducted in the States.
CDN income gets reported and deducted in the states.
CDN income gets taxed in Canada.
CDN donations/RRSP/metro passes/etc gets deducted in Canada.
As for my roll, I have a pretty serious nest egg in investments/the bank that I don't include in my poker roll (I stored away like 90%+ of my poker income last year because I was working and self-sufficient and only playing poker part-time). I only cashed out 3-4k from my roll to pay for my taxes and I still have tons saved up in my investments/cd/savings accounts. I plan on using the majority of it to go back to school/buy a house though, so I don't count my savings/investments in my roll.
Currently I work full-time and save 20% of my working income so 100% of my poker winnings are going into savings.
Part-time poker/being a nit ftw.
[/ QUOTE ]
[/ QUOTE ]
i do believe you got served, GW
|