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#31
06-25-2007, 11:31 PM
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Re: SO WHEN CAN WE REQUEST OUR MONEY?
[ QUOTE ]
I've never had any business with the IRS (thank god), but as far as I'm concerned money online is money 'in play'. It'd be crazy to pay tax on 100K without any guarantee you'll ever see a dime. [/ QUOTE ] You're describing the way you want it to be, not the way it actually is. The fact is that the IRS disagrees with you - gambling income is earned the minute you complete a winning session, and gambling deductions can be booked the minute you complete a losing session. The IRS does not consider that money 'in play' the way you do, and I have a feeling that if you and them end up having a serious discussion on the matter, you'll come out on the losing end. 
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#32
06-26-2007, 04:29 AM
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Re: SO WHEN CAN WE REQUEST OUR MONEY?
[ QUOTE ]
[ QUOTE ] I've never had any business with the IRS (thank god), but as far as I'm concerned money online is money 'in play'. It'd be crazy to pay tax on 100K without any guarantee you'll ever see a dime. [/ QUOTE ] You're describing the way you want it to be, not the way it actually is. The fact is that the IRS disagrees with you - gambling income is earned the minute you complete a winning session, and gambling deductions can be booked the minute you complete a losing session. The IRS does not consider that money 'in play' the way you do, and I have a feeling that if you and them end up having a serious discussion on the matter, you'll come out on the losing end. [/ QUOTE ] They'll come all the way to Australia to get me? Maybe if we find oil..
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#33
06-27-2007, 04:49 PM
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Re: SO WHEN CAN WE REQUEST OUR MONEY?
Well, if you're an Australian citizen that's sort of a different ball game now, isn't it?
Us US players had to pay taxes on the money that was sitting in Neteller that we couldn't get at. Sucks, but it's the way the laws work. I am looking forward to getting my money back ASAP. Still not holding my breath though. Paying taxes on money I didn't "have" was quite frustrating.
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#34
06-28-2007, 11:56 AM
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Re: SO WHEN CAN WE REQUEST OUR MONEY?
This post doesn't really have anything to do with neteller but I watched this doc on the IRS yesterday and it's a bit of an eye opener.
http://youtube.com/watch?v=Y39H6nUOhRw
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#36
06-29-2007, 01:49 PM
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Re: SO WHEN CAN WE REQUEST OUR MONEY?
Yobz just said something interesting.
Anyone have relevant info about this FAQ change?
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#38
06-29-2007, 02:06 PM
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Re: The official NETELLER thread. (161 days on.) #3 of 3.
Neteller to delay reports to shareholders due to USAO investigation.
http://www.hemscott.com/news/latest-...45709189851362
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#39
06-29-2007, 04:44 PM
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Re: The official NETELLER thread. (161 days on.) #3 of 3.
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#40
07-05-2007, 09:47 AM
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Re: The official NETELLER thread. (161 days on.) #3 of 3.
Will we be able to take cash from neteller and deposit onto a major poker site. That is the day they 'give us our money back'...
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