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#31
06-27-2007, 08:42 AM
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Re: LC: Bonus Whores (US vs non-US players)
[ QUOTE ]
[ QUOTE ] [ QUOTE ] yo Jack Frost, what percentage of your poker winnings do you give to Uncle Sam? [/ QUOTE ] 0% I am not a pro like Pokerboy and many others here so I can claim a gambling loss upto the amount I win. I will have plenty of horse racing stubs and scratch off tickets to cover my winnings. I already have a few thousand in lottery tickets and I will start getting some horse racing stubs closer to the end of the year. [/ QUOTE ] are you kidding me? you will spend all of your poker $ on the lottery just so you will not have to pay taxes? [/ QUOTE ] You obviously misread my post think about what I wrote toad. 
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#32
06-27-2007, 09:29 AM
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Re: LC: Bonus Whores (US vs non-US players)
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Then they take a death tax out of our estate on top of that! [/ QUOTE ] A good estate planning attorney can avoid such consequences. Come see me. [img]/images/graemlins/wink.gif[/img]
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#33
06-27-2007, 10:42 AM
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Re: LC: Bonus Whores (US vs non-US players)
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] yo Jack Frost, what percentage of your poker winnings do you give to Uncle Sam? [/ QUOTE ] 0% I am not a pro like Pokerboy and many others here so I can claim a gambling loss upto the amount I win. I will have plenty of horse racing stubs and scratch off tickets to cover my winnings. I already have a few thousand in lottery tickets and I will start getting some horse racing stubs closer to the end of the year. [/ QUOTE ] are you kidding me? you will spend all of your poker $ on the lottery just so you will not have to pay taxes? [/ QUOTE ] You obviously misread my post think about what I wrote toad. [/ QUOTE ] Be careful, I had a buddy that nearly went to jail for this. Instead he got hit with steep fines. Where they will get you on the horse racing tickets is that no one bets 10 times within a few minutes on the same horse to win a single race. Also they will go through all the tickets, and if you have more tickets on a single race than you could have possibly placed yourself your going to have a problem if you are audited. Just a warning from someone who has seen it go down.
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#34
06-27-2007, 12:31 PM
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Re: LC: Bonus Whores (US vs non-US players)
Just think, with the money that he spent on his fines, he could have bought a plane ticket and a flat in Poland probably.
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