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Old 11-13-2005, 05:22 AM
Cactus Cactus Cactus Cactus is offline
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Join Date: Sep 2004
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Default tax question

So I have learned through the message boards that you have to pay taxes on what is in your account and not just what you cashout from neteller. I am about to pay for the state taxes before jan 1st 2006 so that I can deduct off the fed taxes. So... my question is... I have about 50k in an account that is being blocked and investigated because I was at a table where people were dumping chips. One person told me that he account was suspended for 8 weeks. So I am in a way scared, perhaps this is a shady site and I don't get my money back... There is a chance. In this situation would I have to pay taxes for the year with the money that is currently blocked?
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