Beat: My Tax Situation

[T_Nasty]

I am a 21 year old college student. I just started making "real money" playing poker this past year. About that time, I (my parents) decided that I should probably be prepared to file taxes should it become necessary.

As I won money I began to set it aside for tax season. I made about $50,000 last calendar year. Most of the momey slipped through my fingers buying massage chairs, big screen TVs, etc. However, I was careful to set aside the money I owed in poker accts and neteller. Once the legislation kicked in, it made it difficult (impossible) to get to my money.

Most of the money I planned to use for taxes was in my account on Xtremebluff, which is a PR skin; and the rest was in my neteller account.

We all know the deal with Neteller, I have pretty much written this money off as gone. I have tried to cashout the remainder of my funds on XB and have had no luck. My cashout has been pending for over 2monthes now and there's no sign I'll be seeing this money anytime soon, if at all.

So all of the money that I owe the IRS is tied up in various places with no guarantee of ever getting in my hands. I feel like the gov't has painted me into a corner with this legislation and I am going to be forced to do something illegal.

I have a few options I am considering, but will wait to hear what BBV suggests before I post them.

Cliffs notes: I have the money I owe for taxes, but have no access to it and am not guaranteed to ever see it.

[DaCooler]

THAT SUX, U WILL GET YOUR NETELLLER MONEY EVENTUALLY

[brazilio]

there's no reason not to ask for an extension, especially given that neteller said they expect to pay US account holders within 75 days of that announcement a few days ago.

[TyFuji]

Move to canada?

[Sporky]

[ QUOTE ]
troglodyte

[/ QUOTE ]

[T_Nasty]

[ QUOTE ]
there's no reason not to ask for an extension, especially given that neteller said they expect to pay US account holders within 75 days of that announcement a few days ago.

[/ QUOTE ]

I only have like 1K in neteller, the bulk of my money in on XB.

[doubLe a tom]

Stop filing brag reports with the IRS lolo

[tcleberg]

[ QUOTE ]
there's no reason not to ask for an extension, especially given that neteller said they expect to pay US account holders within 75 days of that announcement a few days ago.

[/ QUOTE ]

They actually said that they'd introduce a PLAN to pay US account holders within 75 days.

[brazilio]

OH MY BAD ACCOUNT BALANCE = ZERO FROM THE GETGO SO I WASN'T PAYING ATTENTION

[DoGGz]

This doesn't seem like that big of a beat. Just don't report the income you've never seen.