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#1
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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 ![]()
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I need 'em for my footsies. |
#2
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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.
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#3
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Better start collecting losing lottery scratch tickets from the 7 eleven parking lot to offset that 40K....
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#4
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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. |
#5
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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.
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#6
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Oh, I'll be visiting an accountant this week. Don't you worry about that.
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