Thread: tax question
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Old 11-13-2005, 06:44 PM
iceman5 iceman5 is offline
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Join Date: Sep 2004
Posts: 38
Default Re: tax question

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The money is under investigation so you havent earned it yet. Think of it as a bonus that might or might not get. Its not your money until all conditions are released and you can withdraw it at will. Right now, the money still belongs to the site, not you.

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You really shouldn't try to pass off statements such as this as a fact.

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I didnt say it was a fact. He asked what people would do in his situation and I told him what I would do. He can do whatever he wants.

You guys are ridiculous about this tax stuff. The IRS doesnt know what is in your poker account. If you wanted to not report your winnings until you withdrew them, the IRS wouldnt know. Is that legal? No.

But this is a different story. OP doesnt know if this is his money or not. If I was in that spot, theres no way I would pay tax on the money until I knew If I was getting it for sure or not. and THAT is a fact.
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