Thread: Taxes
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Old 10-01-2005, 10:08 PM
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Default Re: Taxes

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Ok I read a lot from the search engine. The overall stance was that it's better to pay taxes. Anyways, made 1k this year playing mostly .25/.50, .5/1, and casino whoring in my free time. I had a job over the summer that didn't pay much at all. Should I worry about the 1k? Non of it has entered my bank account yet...it's all in neteller. Should I make $200 transfers from neteller to my bank account every month or something? I really don't know.

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Do you have other income besides poker? Are you young and a student or do you have a real job? If you made under a certain amount in total income this year (I think its 7k, but it might be 4k, i'd have to double check), then you don't have to file.

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That makes me feel a lot better. I'm a college student...I also live with my parents. I got like 1k or something from the summer job or maybe even less, but that's it.
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