FBI seizes domains of pokerstars, full tilt, ub.. (UPDATE: FTP MONIES!!!!!11)

Originally Posted by Vi-Zer0Skill

do you guys think we should set aside 33% of our online rolls in anticipation of the government coming back to collect 'gambling tax' revenue on it next year?

you should have already payed tax on your winnings. You pay tax on your winnings when you win them, not when you cash them out. For anything you have made so far this year, yes, you will have to pay takes on it next year.

04-28-2011 06:31 AM #1
Vi-Zer0Skill View Profile View Forum Posts Private Message View Blog Entries Reagan's Kid Join Date Nov 2006 Posts 1,995	do you guys think we should set aside 33% of our online rolls in anticipation of the government coming back to collect 'gambling tax' revenue on it next year?
	Originally Posted by Carroters Ambition is fucking great, but you're trying to dig up gold with a rocket launcher and are going to blow the whole lot to shit unless you refine your tools
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04-28-2011 10:07 AM #2
bode View Profile View Forum Posts Private Message View Blog Entries Join Date May 2006 Posts 8,043 Location slow motion	Originally Posted by Vi-Zer0Skill do you guys think we should set aside 33% of our online rolls in anticipation of the government coming back to collect 'gambling tax' revenue on it next year? you should have already payed tax on your winnings. You pay tax on your winnings when you win them, not when you cash them out. For anything you have made so far this year, yes, you will have to pay takes on it next year.
	eeevees are not monies yet...they are like baby monies.
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FBI seizes domains of pokerstars, full tilt, ub.. (UPDATE: FTP MONIES!!!!!11)

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