Neteller Cashouts

[Poker Jet]

How do u all cashout from Neteller to minimize cost and paper trail? (I have $5,000 in the account at the moment, and just wondering)

[Zwiggelte]

Use a free debit card.
You can withdraw 1000$ a day for 2$ (european). And you have the money really quick

[LondonBroil]

I've thought about doing this, but say your making between 10 and 20K/yr online. What are you going to spend that much cash on? And wouldn't the IRS notice the complete lack of MAC withdrawals from your bank account if they ever decided to audit you?

[MicroBob]

[ QUOTE ]
And wouldn't the IRS notice the complete lack of MAC withdrawals from your bank account if they ever decided to audit you?


[/ QUOTE ]


the irs may indeed catch you.....but not making ATM withdrawls is hardly against the law.

[deacsoft]

I doubt 5K will get you audited.

[TobDog]

not advocating cheating anything here just some info...
Your Neteller account is a Canadian bank, your us bank has no info on them nor does the IRS unless you give them reason to, your ATM WD's are form that canadian bank account, it's kind of like having a Visa card from a brittish bank, and you getting funds from the B of A here. Somebody correct me if I'm wrong

tobdog

[J.R.]

The neteller debit card is issued by an american bank, so there is an easily accessible paper trail should the IRS become interested in you.

[wayabvpar]

Be a man and pay your taxes.

[Leo Bello]

Paying taxes is the best option.
I am happy that here in Brazil they don´t access this.

[TobDog]

Are you sure? I know Neteller is Canadian but why would the ATM card be issued from a US bank?