Official USA player FTP balance DOJ Remission Process thread - Poker News

Two Plus Two Forums Poker News & Discussion News, Views, and Gossip

Official USA player FTP balance DOJ Remission Process thread

Closed Subscribe

...

07-31-2012 , 01:23 PM

antneye

Carpal \'Tunnel

Join Date: Mar 2006 Posts: 7,119

Only because we need one. I have no knowledge of the process but hope this thread will fill up with details as they become available.

Please take your tax dodging concerns somewhere else

07-31-2012 , 01:24 PM

Chuckled

journeyman

Join Date: Oct 2011 Posts: 327

And will taxes be automatically deducted from the withdrawals?

07-31-2012 , 01:25 PM

evechad

grinder

Join Date: Feb 2011 Posts: 462

http://www.justice.gov/usao/nyw/zave...msbrochure.pdf

07-31-2012 , 01:25 PM

sixfour

should be called sevenfour

Join Date: Dec 2005 Posts: 74,722

posting the answer to all questions in advance

Spoiler:

07-31-2012 , 01:25 PM

CBorders

Carpal \'Tunnel

Join Date: Feb 2008 Posts: 16,505

What about those who didn't legally own the money in our accounts? I had backer bucks in mine, I can't state on the form that I legally owned the property that I'm trying to claim so how does that work?

07-31-2012 , 01:26 PM

benza13

Carpal \'Tunnel

Join Date: May 2005 Posts: 17,193

Quote:

Originally Posted by Chuckled

And will taxes be automatically deducted from the withdrawals?

they shouldnt be considering many people have already paid taxes on some/all of the money they will withdraw + the issues with staked accounts

07-31-2012 , 01:27 PM

momo_the_kid

grinder

Join Date: Aug 2005 Posts: 627

In this kind of remission, DOJ will transfer the money directly to your bank or mail you a check? anybody know?

07-31-2012 , 01:27 PM

lilwhaldo

grinder

Join Date: Feb 2010 Posts: 554

Quote:

Originally Posted by Chuckled

And will taxes be automatically deducted from the withdrawals?

Doubt it. You file your taxes at a certain time of the year, depending on how you pay. They don't double check most people's taxes. If they do, it's done as an audit after you file, for whichever period they chose to audit. Now maybe we're all going to get audited this year, but who knows. From what I remember hearing the actual amount of random audits is relatively low.

07-31-2012 , 01:29 PM

NoahSD

Is Right

Join Date: Aug 2005 Posts: 18,843

There aren't any details yet. Leaving this thread up will just lead to a bunch of people clicking it expecting to find information and being disappointed.

Closed Thread Subscribe

...