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  #871  
Old 10-15-2007, 10:58 AM
BHokie1 BHokie1 is offline
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Join Date: Feb 2006
Location: Championship Week
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Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

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j,

Will you be claiming that you are a professional poker player? If so, the whole itemizing losses thing isn't neccessary from what I understand. i.e. you can just "net" your winnings from your losses. If you are not a professional, however, you are supposed to itemize your losses. You're prolly seeing that though if you are reading that forum.

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I just put the net under other income [img]/images/graemlins/blush.gif[/img]

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If you dont file as a pro you cant use the net figure you have to use gross winnings as your income and itemize your losing sessions as deductions.

Again not a tax pro just read up a decent amount on it.

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You're right

"Gambling winnings (lotteries, raffles), etc. Report the full amount received, not the net amount. If you itemize, report gambling losses on Schedule A, but not for an amount more than winnings claimed. You cannot otherwise deduct gambling losses."

http://www.irs.gov/taxtopics/tc426.html
  #872  
Old 10-15-2007, 12:40 PM
darinvg darinvg is offline
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Join Date: Oct 2005
Location: Boston Area
Posts: 1,067
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

Finance question again.
I’m thinking about putting together a portfolio recommended at fundadvice (thanks for the site Wiggs).
First, is this a reasonable idea? Second, what’s the best way to get started if I don’t want to plop down $30-$50K to start? Can I just buy one fund to start and work my way down the list as I get money or will the volatility be too crazy? Sorry if I’m a noob.
  #873  
Old 10-15-2007, 04:13 PM
MikeMcQ1 MikeMcQ1 is offline
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Join Date: Aug 2005
Location: Central Fla.
Posts: 2,534
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

Whatever Stars did to their most recent "upgrade" sucks ass.

Now a tourny lobby pops up in the same place everytime on my main monitor. Before they would pop up wherever you last positioned the main lobby.
  #874  
Old 10-15-2007, 04:17 PM
Pudge714 Pudge714 is offline
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Join Date: May 2005
Location: The Black Kelly Holcomb
Posts: 13,713
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

Two very good links this one is old, but still awesome
http://badideabluejeans.blogspot.com...-was-game.html

This one is new and slightly less awesome
http://www.theonion.com/content/news...nion_rss_daily
  #875  
Old 10-15-2007, 04:22 PM
Paul B. Paul B. is offline
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Join Date: Mar 2005
Location: Thailand soon?
Posts: 5,160
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

ALReturns plz sign on AIM [img]/images/graemlins/smile.gif[/img]
  #876  
Old 10-15-2007, 04:26 PM
Slim Pickens Slim Pickens is offline
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Join Date: Jan 2005
Location: John Wayne\'s not dead.
Posts: 5,574
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

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D'oh Bears

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I would expect that sort of stupid play from an Ohio State or Florida, but Berkeley people are supposed to be smarter than that. That goes for the jocks too.
  #877  
Old 10-15-2007, 04:58 PM
jnfpoker jnfpoker is offline
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Join Date: Feb 2007
Posts: 75
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

Cash Out Curse
[x] True
[ ] False

Does Lee flip the doomswitch back off after you lose the amount you cashed out?
  #878  
Old 10-15-2007, 05:07 PM
fluorescenthippo fluorescenthippo is offline
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Join Date: Apr 2005
Location: on the bubble of life
Posts: 4,498
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

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The investigation into the WCOOP Main Event has now been concluded.

We have determined, based on the totality of evidence, that the tournament winner “TheV0id” was in breach of the PokerStars Terms of Service.

In the interests of Game Integrity, “TheV0id” has been disqualified from first place.

All other WCOOP Main Event prizewinners in addition to the player who originally bubbled in 415th place will therefore advance one place in the prize pool. The necessary financial adjustments to reflect the revised tournament places will be made within the next 24 hours.

Please note that we are unable to release further details of this investigation, for reasons of confidentiality and privacy.

Stephen W.
Manager, PokerStars Game Security

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NVG Post

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BOOM. Such a sick week for drama bombs.

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yea its been a pretty huge last 10 or so days. BBV is on a sick heater.
  #879  
Old 10-15-2007, 05:51 PM
K䲰䮥n K䲰䮥n is offline
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Join Date: May 2006
Posts: 3,616
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

sup diarrhea?
  #880  
Old 10-15-2007, 06:14 PM
kleath kleath is offline
Senior Member
 
Join Date: May 2006
Location: /\\ lean wit it rock wit it/\\
Posts: 1,800
Default Re: OT: [censored] thread, OCTOBER, READ RULES IN TOP POST

wtf first step 5 try get down to 3 bbs then comeback shiiip 2100 sng entry wtffffff gonna be playing for like a quarter of my roll godamnit.
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