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#1
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tax implications of using identity other than your own.
already having an old party ccount i cannot immediately take advantage of rakeback under my own identity.
a number of affiliates recommend using a family member or friend's identity when creating a new account and this is what many players have resorted to in order to get properly signed up at party. a question i have regarding this practice is are there any important tax implications that i should be aware of. if i am passing $100k+ through someone else's identity, could this complicate tax issues for both parties involved? any information is much appreciated. |
#2
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Re: tax implications of using identity other than your own.
You will both definatly have tax 'issues'. You will want to discuss this with a professional.
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#3
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Re: tax implications of using identity other than your own.
You will also have 'fraud' issues
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#4
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Re: tax implications of using identity other than your own.
I feel sure there will be hundreds if not thousands of wives/girlfriends out there filing as a professional gambler just for this reason.
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#5
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Re: tax implications of using identity other than your own.
Ask a CPA. What you'll get here is mostly conjecture.
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#6
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Re: tax implications of using identity other than your own.
If you use your wife's identity and file jointly anyway, I don't see the problem.
However, using your brothers', your mom's, or a buddy's is going to be a sticky situation. |
#7
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Re: tax implications of using identity other than your own.
just transfer from family members neteller to yours.
and i hope you burn in hell for attempting to defraud poker rooms. |
#8
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Re: tax implications of using identity other than your own.
I don't plan to pay any taxes on *****... I've actually never even though hard about this (i definitely am not in the $100K range that previous poster just threw out there however)... am I in the minority or majority of forum readers planning to do this?
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#9
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Re: tax implications of using identity other than your own.
[ QUOTE ]
I don't plan to pay any taxes on *****... [/ QUOTE ] Manny: "Mang, it can't be that bad you know, its not like Cuva you know?" Tony: "Hey what the f**k you talkin..." Manny: "Man, the jails are like f**king hotels here." Tony: "The f**k you kidding me? you f**king high or what?" Sheffield: "I'll delay the trial, a year and a half, two years; you won't even start doing time..." Tony: "F**k you, f**k you mang, I'm not going back into the cage, OK? No way! I've been there..." [/ QUOTE ] |
#10
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Re: tax implications of using identity other than your own.
Also use a different computer!
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