Jump to content

poker winnings and taxes


Recommended Posts

When I win the WSOP 2005, I'm going to need to know what to do with all that money.Does incorporating as a Nevada Corp allow me to hire myself to play poker, and then pay myself dividends which are only taxed at 16% this year?Side question: Do all the big cash game players report all winnings won in a casino where they bought chips?Just wondering

Link to post
Share on other sites

1) No idea. Not a Nevada resident.2)Obviously not.

Link to post
Share on other sites
  • 3 years later...

Yea..niceLet's make fun of the fat guy.I should go back and change all my old posts.No that would be....sadBesides this idea has merit, I just haven't figured out the details yet.

Link to post
Share on other sites
Yea..niceLet's make fun of the fat guy.I should go back and change all my old posts.No that would be....sadBesides this idea has merit, I just haven't figured out the details yet.
So, by changing all your posts, you would in turn disrupt that general scheme of things in the forum, causing threads to make no sense, and confuse the hell out of members. Thus, causing a disturbance in the force. Balloon guy= Darth Vader?
Link to post
Share on other sites
So, by changing all your posts, you would in turn disrupt that general scheme of things in the forum, causing threads to make no sense, and confuse the hell out of members. Thus, causing a disturbance in the force. Balloon guy= Darth Vader?
Strangle ONE guy with a thought and the DV label sticks.I'm sick of it
Link to post
Share on other sites
Strangle ONE guy with a thought and the DV label sticks.I'm sick of it
in all fairness you were wearing a black cape at the time.....im just sayin
Link to post
Share on other sites
in all fairness you were wearing a black cape at the time.....im just sayin
It was TWO WEEKS after the Matrix came out.EVERYONE had a black trenchcoat and I didn't own one!What could I do really?
Link to post
Share on other sites
It was TWO WEEKS after the Matrix came out.EVERYONE had a black trenchcoat and I didn't own one!What could I do really?
Get a tight black leather outfit and play Trinity like the rest of us!matrix4.jpg
Link to post
Share on other sites
Get a tight black leather outfit and play Trinity like the rest of us!matrix4.jpg
Thank you for ruining every single Trinity fantasy I have ever had... so sick
Link to post
Share on other sites
taxed at 16% this year?
The question is.. Can you pull money from your self-directed Roth IRA to send your Investment (yourself) to the wsop and then win and keep the money tax free when you start to collect?.... hmmmhah.. just noticed 2005
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...