Re: Question about taxes....
Your argument for not counting the income is flawed. Party's actions are what matters, not what they say. Party never verifies anything when you try to cash out, therefore the IRS would not agree with your argument. Constructive receipt will be shoved down your throat under audit and you would not win. You alone determine when the cash comes to you, which means that you are in full control of the funds once you leave the table.
|