Official January Thread: General Discussion/etc

[Jay Riall]

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Lol! Rule Britannia!!!

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Btw how does it work from formal side ?
You fill some papers and just pay 0% from winnings or you dont care at all ?
I mean do you report your winnings and pay nothing from them or dont tell anybody about the mone at all ?

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all i know is gambling winnings dont count. i'm not sure if we have to report it or not. anyone know?

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Pretty sure we don't. I'm pretty sure I could sign on welfare/dole if I had the inclination to.

[jamiezig]

re: gambling winnings...i'm a US player, just started playing seriously in last six months. should i be declaring my winnings? is online poker even legal here?

if you want to PM me, that's fine. I'd like to here from people on how they handle this, and also, how they move funds around. would be greatly appreciated.

[downtown]

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I just got back from a meeting w/ my accountant. [censored] THE IRS, WE GET SCREWED SO HARD ON TAXES. [censored]!

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Just wondering aroudn waht % of your winnings do you have to pay? 30%?

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Depends on the amount of money you (or your household if you're married) make(s), but 35% is max. wiki

[DLizzle]

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Seriously if I were american I would renounce my citizenship and move to Canada or somewhere.

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No g00t. The USA will decide that they did it for tax reasons and turn up demanding 40% of their winnings anyway. Not joking.

USA = not that bad
US government = the devil's blow-up doll

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and most importantly, unless you are a full time student in canada (4+ uni courses or more) you pay taxes anyways

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holla full time Canadian student

[downtown]

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re: gambling winnings...i'm a US player, just started playing seriously in last six months. should i be declaring my winnings? is online poker even legal here?

if you want to PM me, that's fine. I'd like to here from people on how they handle this, and also, how they move funds around. would be greatly appreciated.

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Yes, you have to pay taxes if you want to comply with the law. If you make enough, hire a CPA. It's worth it.

[Fight Club]

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Lol! Rule Britannia!!!

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Btw how does it work from formal side ?
You fill some papers and just pay 0% from winnings or you dont care at all ?
I mean do you report your winnings and pay nothing from them or dont tell anybody about the mone at all ?

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all i know is gambling winnings dont count. i'm not sure if we have to report it or not. anyone know?

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I never do anything, I put unemployed whenever I need to. When my bank started asking questions I changed to "employed, other" with them, apparently they won't tell the government anything.

[Fight Club]

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I'm pretty sure I could sign on welfare/dole if I had the inclination to.

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If you have less than 2k in your bank account...

[skier_5]

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Seriously if I were american I would renounce my citizenship and move to Canada or somewhere.

[/ QUOTE ]

No g00t. The USA will decide that they did it for tax reasons and turn up demanding 40% of their winnings anyway. Not joking.

USA = not that bad
US government = the devil's blow-up doll

[/ QUOTE ]

and most importantly, unless you are a full time student in canada (4+ uni courses or more) you pay taxes anyways

[/ QUOTE ]

holla full time Canadian student

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[T-God]

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Seriously if I were american I would renounce my citizenship and move to Canada or somewhere.

[/ QUOTE ]

No g00t. The USA will decide that they did it for tax reasons and turn up demanding 40% of their winnings anyway. Not joking.

USA = not that bad
US government = the devil's blow-up doll

[/ QUOTE ]

and most importantly, unless you are a full time student in canada (4+ uni courses or more) you pay taxes anyways

[/ QUOTE ]

holla full time Canadian student

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full time is 3+ classes. I'm lazy, so yes the difference matters.

[Christophers]

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Nice thing about Poland is that while the country sucks everything is cheap here the girls are beatiful and if you move to other country nobody will make you pay anything to polish government.

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Is it true you're allowed to grope teh ladies on the street?