The TalkingPoker.com Forum  

Go Back   The TalkingPoker.com Forum > All Things Poker > General Poker Discussion
Register Blogs Arcade HH Converter Calendar

Closed Thread
 
Thread Tools Display Modes
  #1  
Old 07-14-05, 09:39 PM
lightfungus's Avatar
lightfungus lightfungus is offline
Back in business!
 

Join Date: Nov 2004
Posts: 2,259
lightfungus has between 750 and 999 Rep Pointslightfungus has between 750 and 999 Rep Pointslightfungus has between 750 and 999 Rep Pointslightfungus has between 750 and 999 Rep Pointslightfungus has between 750 and 999 Rep Pointslightfungus has between 750 and 999 Rep Pointslightfungus has between 750 and 999 Rep Points
Default

Hell yes we are! My laptop broke or something so I am at my girlfriends house and was dying to read this and see how you did.

P.S. Here, here on that freeroll
__________________
I need 'em for my footsies.
  #2  
Old 07-14-05, 09:50 PM
Gordogg's Avatar
Gordogg Gordogg is offline
Thousand Post Club
 
Join Date: Dec 2004
Posts: 1,871
Gordogg has between 250 and 499 Rep PointsGordogg has between 250 and 499 Rep PointsGordogg has between 250 and 499 Rep PointsGordogg has between 250 and 499 Rep Points
Default

Congrats TP!! That really is amazing. 44k is a nice chunk of change. Did you have to pay half to taxes on the spot? I'm happy for you man. I wish you more success in future events.
  #3  
Old 07-14-05, 09:54 PM
BlibbityBlabbity's Avatar
BlibbityBlabbity BlibbityBlabbity is offline
Run Silent || Run Deep
 
Join Date: Oct 2004
Posts: 2,403
BlibbityBlabbity has between 750 and 999 Rep PointsBlibbityBlabbity has between 750 and 999 Rep PointsBlibbityBlabbity has between 750 and 999 Rep PointsBlibbityBlabbity has between 750 and 999 Rep PointsBlibbityBlabbity has between 750 and 999 Rep PointsBlibbityBlabbity has between 750 and 999 Rep PointsBlibbityBlabbity has between 750 and 999 Rep Points
Default

Better start collecting losing lottery scratch tickets from the 7 eleven parking lot to offset that 40K....
  #4  
Old 07-14-05, 10:36 PM
Talking Poker's Avatar
Talking Poker Talking Poker is offline
Adminimus Maximus
 
Join Date: Oct 2004
Location: Florida Coast
Posts: 27,480
Talking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep Points
Default

Nope, I got the whole thing. In casino chips. I've never touched a $5000 chip before, and last night they handed me 8 of them (and then some). Crazy, huh?

Taxes are going to be interesting. Since just over half of this money will be going to my backer, I should be able to write that much off.... Now I need to come up with another $20k in gambling "losses" this year to off set the rest.
__________________

Got RakeBack?
27% at Full Tilt | 33% at Cake Poker | 30% at Carbon Poker
  #5  
Old 07-15-05, 12:15 AM
Aequitas58's Avatar
Aequitas58 Aequitas58 is offline
Fmr. Resident Asshole
 

Join Date: Oct 2004
Location: South Jersey
Posts: 3,783
Aequitas58 has between 1000 and 1499 Rep PointsAequitas58 has between 1000 and 1499 Rep PointsAequitas58 has between 1000 and 1499 Rep PointsAequitas58 has between 1000 and 1499 Rep PointsAequitas58 has between 1000 and 1499 Rep PointsAequitas58 has between 1000 and 1499 Rep PointsAequitas58 has between 1000 and 1499 Rep PointsAequitas58 has between 1000 and 1499 Rep Points
Default

From a tax perspective, since this was a joint venture, you shouldn't bear the weight of paying all the taxes. Make sure your backer pays the taxes on his percentage. (For some reason, I doubt he'll mind!)

I suggest visiting an accountant before submitting next year's taxes, just to be on the safe side.
__________________
  #6  
Old 07-15-05, 12:31 AM
Talking Poker's Avatar
Talking Poker Talking Poker is offline
Adminimus Maximus
 
Join Date: Oct 2004
Location: Florida Coast
Posts: 27,480
Talking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep PointsTalking Poker has between 3000 and 3499 Rep Points
Default

Oh, I'll be visiting an accountant this week. Don't you worry about that.
__________________

Got RakeBack?
27% at Full Tilt | 33% at Cake Poker | 30% at Carbon Poker
Closed Thread


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 08:00 AM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
©2004-2008 TalkingPoker.com