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#1
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Hey I am new to this and was just wondering if I have a chance of being audited. I have won between 15 and 20 grand this year in online poker at Pokerstars. Now I have blown most of my money just on partying, car troubles, old debts with my parents, general living expenses, and legal problems-Partying costs more than you think. So right now I have about $6000 --$2000 in the bank and $2000 in cash left over + $2000 more on Pokerstars for my Bankroll. I have not made any purchases major purchases and have only had $1000 dollar checks sent to me each time-this because I read somewhere that an instituion that cashes a check over $1500 has to report it to the government. I have cashed most of my checks from pokerstars at Walmart and have not made a deposit to my bank for mor than $1000 dollars at a time. My bank account has never exceeded $3000. And one other thing. I also have a part time job somewhere else wher I have made about $13000 so far this year but that is all being taxed. Sorry for such a long question but anybody who has been in my position feel free to give some advice. Thanks in advance
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#2
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Post deleted by Mike Haven
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#3
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[ ] life
[ ] death [x] taxes |
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#4
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you're probably gonna get audited, i would pay taxes on your winnings
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#5
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Cashing checks at WalMart=Audit Flag
Pay your taxes it is not worth the headaches worrying about it... See the 1 billion thread on taxes in the Legislation forum |
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#6
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He hasn't said a thing that would raise a red flag. But!!, if he does get audited he is in mucho trouble.
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#7
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I withdrew like 2k the first year i played, and paid taxes on it. Then the gov't started banhammering and I didn't pay taxes on the ~10k i took out last year. its working out well for me so far.
I also worked only in amounts ~1k or less, but had no job and didn't file taxes at all. |
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#8
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You might want to worry more about jail time instead of just and audit. Judging by your post it sounds like you intently are trying to evade taxes.
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#9
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Er, you probably shouldn't air this out publicly. Not smart.
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#10
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watch Zeitgeist - http://www.youtube.com/watch?v=_dmPchuXIXQ
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