The quest

[Popinjay]

A week ago, I was tired of all the bullshi* and I quit poker. This Saturday, my mother goes off to the accountant to do the family's taxes. She asked me a few days ago, did you make anything? Since I live at home and am 18 with no job, the only thing she thinks I have is my stock account in which I lost money. I said "no, I think I lost money."

I lied to her. I've made at least an estimated 20k this past year playing online poker. I never let my parents know, why you ask? Well, I'll admit it. I am 18 now, but have been only for a while. Half or more of my winnings came when I was playing "underaged." I thought I would tell my mom when I was 18, but that didn't happen. I want to tell her but I fear the $6872.74 (low because of some recent big purchases) that is currently sitting in my bank account won't be enough to subvert her possible anger when she finds out I was playing illegally.

So f it right? Don't say a word and keep on going. Well I feel like I should pay my taxes, because I want to keep the government off my ass. The only way that is going to happen is if I let my mom know by Saturday. See, it's a dilemma.

The plan: take up poker again, make money, tell parents, wow parents, pay taxes. The quest starts tomorrow.

[pshreck]

Im gonna be the first to say it.

You made 20k this past year (Im assuming this is profit), yet you still decided to quit poker?

This doesn't sound believable.

[citanul]

Pay your taxes, and tell your mom that you play cards, clownfucker.

citanul

[PoBoy321]

20K a year as an 18 year old? Damn, I should learn how to play cards. /images/graemlins/smile.gif

[daryn]

post pic of mom plz

[BusterStacks]

[ QUOTE ]
Pay your taxes, and tell your mom that you play cards, clownfu<a href="" target="_blank"></a>cker.

citanul

[/ QUOTE ]

I disagree. I wouldn't tell her yet.

[AngryCola]

[ QUOTE ]
post pic of mom plz

[/ QUOTE ]

Funniest thing that I've read all day.

[Benholio]

[ QUOTE ]
Pay your taxes, and tell your mom that you play cards, clownfu<a href="" target="_blank"></a>cker.

citanul

[/ QUOTE ]

So thats how you get around the language filter.

[housenuts]

live in canada. pay no taxes on it.

[kipin]

Are your parents highly unobservant?

Living at home, no source of income, yet you make large purchases, how do they think you are paying for all of this?

[Popinjay]

[ QUOTE ]
Are your parents highly unobservant?

Living at home, no source of income, yet you make large purchases, how do they think you are paying for all of this?

[/ QUOTE ]

Lines like, "oh I got a really good deal on the internet for that" work quite well.

[NLSoldier]

[ QUOTE ]
Are your parents highly unobservant?

Living at home, no source of income, yet you make large purchases, how do they think you are paying for all of this?

[/ QUOTE ]

They are aware that he traffics cocaine, just not that he plays cards /images/graemlins/smile.gif

[kipin]

Or better yet... maybe money grows on trees in Washington State.

[eric5148]

Not paying taxes is -EV.

You gotta grow some balls and tell your mom how much you make. What are you so afraid of? Wouldn't your parents be happy that your not totally mooching off them?

I live with my parents, too. Yes, they're not totally proud to have a son who's a pro gambler (not that I care what they think), but they're happy that I can buy all my own sh!t.

[housenuts]

when i was 18 i was making large amounts of money with a porno website cashing in on advertising from banners. i had no other income and was always making large purchases. my parents asked me where i got the money and i finally levelled with them.

took them a while to come to grips with it, but i guess they realized i was making good money and not doing anything illegal.

[Popinjay]

Day 1: +$380

In NL, you don't want to tilt. That was about +2000 until a few minutes ago. This is why I quit before /images/graemlins/confused.gif

[Reef]

[ QUOTE ]
Day 1: +$380

In NL, you don't want to tilt. That was about +2000 until a few minutes ago. This is why I quit before /images/graemlins/confused.gif

[/ QUOTE ]

you need a woman to calm your nerves.

[Lawrence Ng]

[ QUOTE ]
live in canada. pay no taxes on it.



[/ QUOTE ]

If you exclude my x's taking money from me as taxes, then yes..I agree.

Lawrence

[lucas9000]

[ QUOTE ]
Day 1: +$380

In NL, you don't want to tilt. That was about +2000 until a few minutes ago. This is why I quit before /images/graemlins/confused.gif

[/ QUOTE ]

wrong forum...too much content /images/graemlins/wink.gif

[chabibi]

bad news boys

if you earn more than 24K canadian a year you have to claim yourself as a gambler on your t4 form and pay taxes just like any other income

[theantelope]

Can you tell your parents that you are going to do your own taxes?

[Matt Flynn]

nice.

[Phil Van Sexton]

[ QUOTE ]
I want to tell her but I fear the $6872.74 (low because of some recent big purchases) that is currently sitting in my bank account won't be enough to subvert her possible anger when she finds out I was playing illegally.

[/ QUOTE ]

How mad is she going to be when she finds that out you owe $8000+ on taxes and you only have $6872.74 left?

[Shajen]

[ QUOTE ]
[ QUOTE ]
I want to tell her but I fear the $6872.74 (low because of some recent big purchases) that is currently sitting in my bank account won't be enough to subvert her possible anger when she finds out I was playing illegally.

[/ QUOTE ]

How mad is she going to be when she finds that out you owe $8000+ on taxes and you only have $6872.74 left?

[/ QUOTE ]

Damn, what state do you live in? Remind me to never move there. How's that 15% State Tax treating you?

(He said he made ~20k. 8k is aproaching 50%.)

[Phil Van Sexton]

[ QUOTE ]
Damn, what state do you live in? Remind me to never move there. How's that 15% State Tax treating you?

(He said he made ~20k. 8k is aproaching 50%.)

[/ QUOTE ]

It's 40%, and that's not too far off if he were in a higher tax bracket.

That's not the point tho. When someone says "I've made at least an estimated 20k", it sounds like he doesn't know how much he made, but it's 20k at a minimum. Is 25k or 30k really that unlikely?

It sounded like he thought his mom would be impressed with his 6800. At best, he owes the vast majority of that in taxes. At worst, he owes more. Either way, she ain't going to be impressed.