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Search took 0.01 seconds. Search: Posts Made By: chesterp
Forum: Internet Gambling 05-19-2007, 06:00 PM
Replies: 690
Views: 2,795
Posted By chesterp
Re: PS: 10 Billionth Hand Promo Details

YES, you all lost cause of me. sorry guys.
lol

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oops. errands took longer than i thought. was planning on 12 .01/.02 tables too, so may have been a winner. oh well

[/...
Forum: Internet Gambling 05-19-2007, 05:34 PM
Replies: 690
Views: 2,795
Posted By chesterp
Re: PS: 10 Billionth Hand Promo Details

oops. errands took longer than i thought. was planning on 12 .01/.02 tables too, so may have been a winner. oh well
Forum: Internet Gambling 05-19-2007, 03:16 PM
Replies: 690
Views: 2,795
Posted By chesterp
Re: PS: 10 Billionth Hand Promo Details

oh, much better than i thought. ty for the info.
where do you see that?
ok, finally running my errands. hope to get pm about groups for when i return.

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i'm game to join a...
Forum: Internet Gambling 05-19-2007, 02:22 PM
Replies: 690
Views: 2,795
Posted By chesterp
Re: PS: 10 Billionth Hand Promo Details

i'm game to join a group too. gonna be gonna next hour or so, but bback in time for 10b. pm me.
on the other hand, was just doing the math. 90k people playing now, lets assume 50k on real money cash...
Forum: Internet Gambling 03-31-2007, 02:13 PM
Replies: 188
Views: 1,334
Posted By chesterp
Re: WSEx: Official Monthly Thread: March. (#7 of 7.)

someone mentioned back in the jan/feb thread that bank of america debit card worked to deposit here. still the case? any credit cards working for americans?
Forum: Internet Gambling 03-30-2007, 11:46 PM
Replies: 631
Views: 2,819
Posted By chesterp
Re: The official EPASSPORTE thread.

don't remember if this had been mentioned in the thread before, but just talked to c.s. after being on hold 20 minutes- we can have up to three epassporte accounts. and all three can withdraw every...
Forum: Affiliates/RakeBack 11-12-2006, 12:55 AM
Replies: 454
Views: 3,766
Posted By chesterp
Re: US Prima sites with 60%+ RB

US illegal state, but can do parents address in legal state if site doesn't need drivers license sent.
prima 60%+. specify if contributed rake or not.
Forum: Poker Legislation 04-08-2006, 11:55 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

well, my deductions for prof. gambling would be very minimal- internet connection, PT. no hotels or travel.
but i have tons of travel deductions for my non-gambling schedule c job.

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Forum: Poker Legislation 04-08-2006, 06:12 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

that makes perfect sense ding-dong, and i hadn't really thought about that yet. my other business (my 1st yr. sched. C will definitely stay as sched. C)
i know for 2006, my net gambling is going to...
Forum: Poker Legislation 04-08-2006, 06:07 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

yes, well- i have one w-2, and 2 1099-misc's.

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chesterp -

When you say itemizing for your business, do you mean a job that you have W-2 wages for?

If you have a business that you...
Forum: Poker Legislation 04-08-2006, 05:51 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

except that it seems that if you qualify as using sched. C, if you desire, you can choose the other option if it is financially beneficial. you don't have to declare yourself a pro gambler just...
Forum: Poker Legislation 04-08-2006, 05:48 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

whoa! this changes everything. i had completely thought that if i am itemizing deductions for my business, that i'm doing that INSTEAD of taking the standard $5000 deduction.
so itemized ...
Forum: Poker Legislation 04-08-2006, 05:29 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

hmmm. the whole SEP vs. ROTH IRA thing is a little complicated, but i may not have enough cash for either anyways. deadline is apr. 15th and probably going to need most my bank account to pay taxes. ...
Forum: Poker Legislation 04-08-2006, 05:22 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

well, from my other business i plan on being over $5000 in deductions from travel, etc., so i assume that standard deduction would be a poor choice no matter how i declare gambling, right?
Forum: Poker Legislation 04-07-2006, 08:53 PM
Replies: 2
Views: 166
Posted By chesterp
Re: Netteller Accounts are not reportable

you registered today just to post this? interesting.
Forum: Poker Legislation 04-07-2006, 08:52 PM
Replies: 46
Views: 544
Posted By chesterp
Re: Neteller Accounts Must be Reported

got someone to hook me up at neteller. excel spreadsheet emailed of all of 05. very nice. except for the part that i broke 10. under 11 though- barely busted. oh well.
Forum: Poker Legislation 04-07-2006, 04:50 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

well, i wasn't planning on the standard deduction anyways, because of my other business.
Forum: Poker Legislation 04-07-2006, 04:48 PM
Replies: 46
Views: 544
Posted By chesterp
Re: Neteller Accounts Must be Reported

so i've called neteller multiple times and every time they say they can't tell my balance during 05. so i can't figure out if i was ever at 10,000 or not. i know i was at 8,000 atleast. i want to...
Forum: Poker Legislation 04-07-2006, 05:16 AM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

ok. i've come up with AGI of 90K and losses of 52K.

SEP IRA question again-does the value of being able to do that counteract losing the extra 15% declaring as a pro? i suppose that depends...
Forum: Poker Legislation 04-07-2006, 12:24 AM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

basically, it seems you're saying that unless my AGI is over 150K, i'm probably better with deducting losses and not declaring myself pro, right? i actually haven't figured out my total AGI yet,...
Forum: Poker Legislation 04-06-2006, 11:52 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

i've read mixed reviews of being able to deduct losses when not filing as a pro. mostly though, people seem to have posted that it can't be done, or am i missing something? that is the reason i...
Forum: Poker Legislation 04-06-2006, 09:14 PM
Replies: 46
Views: 544
Posted By chesterp
Re: Neteller Accounts Must be Reported

I can see all my deposits and withdrawels for the year in neteller, but don't see how you can tell if you had over 10,000 at any point. It doesn't give the balance at the time. just current balance.
Forum: Poker Legislation 04-06-2006, 09:11 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

I've read enough to be sure I can qualify as a pro. You don't necessarily have to play 40 hours a week. As I said in the first post, it is the vast majority of my income for 05. Also, research...
Forum: Poker Legislation 04-06-2006, 03:55 PM
Replies: 30
Views: 501
Posted By chesterp
Re: taxes- sched. C vs. other gambling

any thoughts from the tax pros? broiler? ding-dong? thanks in advance.
Forum: Poker Legislation 04-05-2006, 03:22 PM
Replies: 30
Views: 501
Posted By chesterp
taxes- sched. C vs. other gambling

i've spent the lst 2 days reading up tons of threads on taxes and still not sure if sched. C is best or just other income.
so here is my situation- kept good track of all sessions in 05. made...
Showing results 1 to 25 of 29
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