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Old 04-06-2005, 10:58 PM
Homer Homer is offline
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Join Date: Sep 2002
Posts: 5,909
Default Re: Seriously, my last tax post (Re: Estimated tax payments)

Last year I did not keep detailed session records and ended up requesting a statement from each poker site with deposits/withdrawals and used that along with my Neteller transaction history to determine my net win for the year. I gave all of this information to an accountant. I am certainly going to owe more than $1000. Am I to assume that I'm going to have to pay a penalty (I guess I'll find out tomorrow when he calls me)? If so, how much will it be (what percentage)? This sucks.

-- Homer
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