2018 NC/LC - Misteaks Were Made - Page 23 - Small Stakes Poker Forum

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2018 NC/LC - Misteaks Were Made

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03-12-2018 , 07:14 PM

#551

TheDarkKnight

veteran

Join Date: Feb 2012 Posts: 2,535

Global is awesome. I vouch for it. I even wrote a long article about it on my blog. I'd link but I am out and about. But I don't even think they offer LHE bigger than $5/$10.

Fortunately the PLO action is plentiful and very good.

03-13-2018 , 04:27 PM

#552

TheDarkKnight

veteran

Join Date: Feb 2012 Posts: 2,535

I owe $9000+ in taxes, even after sending in $6.5k throughout 2017.

Holy ****.

This is my life?

03-13-2018 , 05:22 PM

#553

KL03

old hand

Join Date: Feb 2011 Posts: 1,413

1. thinly veiled brag or
2. another example of how gamblers get ****ed on taxes

03-13-2018 , 05:52 PM

#554

that_pope

Carpal \'Tunnel

Join Date: Dec 2006 Posts: 33,409

lol @ paying an estimated $6500 in taxes "waaaaaaaaaaaaa"

Here are the actual taxes I paid out of my paycheck in 2017 (this is only ~half of the taxes we paid, my wife makes pretty much the same as I do):

Federal: $19,400
Social Security: $7,200
Medicare: $1,700
State: $2,500

I haven't finalized my taxes yet, but I'll end up owing more I'm sure because we sold one house and bought another and I sold a ton of stock to make it so that even though our new house was almost $150k more than the previous house, we had basically the same remaining balance on our mortgage, so it should all be paid off in 5 years or so.

Last edited by that_pope; 03-13-2018 at 05:53 PM. Reason: Why must I always fall for the DK trolling?

03-13-2018 , 06:31 PM

#555

jdr0317

Carpal \'Tunnel

Join Date: Jan 2012 Posts: 8,231

Personally I think everyone should have to pay the tax man themselves, everyone should get some sticker shock.

Like that $6500 is the same $6500 you'd pay when working a job. They just didn't withhold it.

03-13-2018 , 06:34 PM

#556

AlwaysFolding

Urban Pharmer

Join Date: Oct 2016 Posts: 19,980

Bless you all for paying your taxes. What happens when the fed collapses?

Hint: Uh-ohz

03-13-2018 , 07:34 PM

#557

jdr0317

Carpal \'Tunnel

Join Date: Jan 2012 Posts: 8,231

Quote:

Originally Posted by AlwaysFolding

Bless you all for paying your taxes. What happens when the fed collapses?

Hint: Uh-ohz

BTC LDO

03-13-2018 , 07:54 PM

#558

King Spew

Just average

Join Date: Apr 2006 Posts: 15,606

oh you little people.

been paying 6 figures combined fed and state for years.

bow to my awesome-ness (or are you bent over like that laughing so hard because loltaxes)

/cringeworthy barg which is really a beat

03-13-2018 , 08:16 PM

#559

TheDarkKnight

veteran

Join Date: Feb 2012 Posts: 2,535

Quote:

Originally Posted by that_pope

Pretty sure $6500+$9000 = $15.5k?

Having taxes withheld from paychecks is way less painful. You don't even notice it really. Plus you usually get some back! Yay! Paying massive lump sums is pretty brutal. I thought sending in a few thousand quarterly would ease the blow, but I'm feeling this blow. It is quite a bit more than I was expecting, although I did take the over when my wife set the line at $5k this morning.

I guess I will send in bigger quarterly payments this year? Puke.

03-13-2018 , 09:35 PM

#560

King Spew

Just average

Join Date: Apr 2006 Posts: 15,606

Quote:

Originally Posted by TheDarkKnight

I guess I will send in bigger quarterly payments this year? Puke.

Hate to break the news but given you were "short" this year, you will be required to pay more...it's not a choice.....there is a formula

03-14-2018 , 12:36 AM

#561

Captain R

Wot

Join Date: Aug 2005 Posts: 7,574

One year i got a letter from the IRS saying I owed an extra $7k in taxes for a return from several years back. Being that I am incompetent, I hired a Tax person and they went through my taxes from that year, and it turned out I counted some income twice and the IRS ended up having to pay me $10k.

KARMA beeyatch!

03-14-2018 , 12:45 AM

#562

callipygian

slowrolled by tpiranha!

Join Date: Mar 2009 Posts: 19,880

Quote:

Originally Posted by King Spew

Hate to break the news but given you were "short" this year, you will be required to pay more...it's not a choice.....there is a formula

I believe that formula is that if you don't prepay (either have withheld or have paid quarterly) 90% of your actual tax bill or 90% of your previous tax bill, you get penalized for the amount above the higher one.

03-14-2018 , 02:20 AM

#563

DeathDonkey

Carpal \'Tunnel

Join Date: Feb 2004 Posts: 12,909

The penalty is ridiculously small though. Not that big a deal at all

03-14-2018 , 03:03 AM

#564

mitchman

grinder

Join Date: Jan 2003 Posts: 505

Quote:

Originally Posted by TheDarkKnight

I owe $9000+ in taxes, even after sending in $6.5k throughout 2017.

Holy ****.

This is my life?

I can’t believe you guys actually post this on the internet

03-14-2018 , 03:19 AM

#565

Howard Beale

Formerly red

Join Date: Sep 2005 Posts: 22,190

The government is busy fighting a losing battle against the 'Ukrainians, Tatars and Jews.' They have to time to look at a poker forum.

03-14-2018 , 12:23 PM

#566

TheDarkKnight

veteran

Join Date: Feb 2012 Posts: 2,535

Even if they looked at it, I'm going to pay it, so...

03-14-2018 , 12:56 PM

#567

AlwaysFolding

Urban Pharmer

Join Date: Oct 2016 Posts: 19,980

Ukrainian potato jews?

03-14-2018 , 02:33 PM

#568

Howard Beale

Formerly red

Join Date: Sep 2005 Posts: 22,190

If you've ever wondered what 'Fake News' is that's it right there. 'Ukrainians', ok, Putin's got a problem w/ them. 'Jew?' We're used to it. But 'Tatars' of all things? That's a stretch.

03-14-2018 , 04:02 PM

#569

callipygian

slowrolled by tpiranha!

Join Date: Mar 2009 Posts: 19,880

Quote:

Originally Posted by TheDarkKnight

Even if they looked at it, I'm going to pay it, so...

There are things worse than getting busted for tax evasion.

03-14-2018 , 07:59 PM

#570

offTopic

Carpal \'Tunnel

Join Date: Dec 2002 Posts: 19,548

If you had to assign a probability that someone who loses a bunch of chips playing limit and complains about it not being no-limit is also in fact a bad no-limit player, what would it be?

03-14-2018 , 08:03 PM

#571

ninefingershuffle

Pooh-Bah

Join Date: Aug 2009 Posts: 3,768

Quote:

Originally Posted by offTopic

If you had to assign a probability that someone who loses a bunch of chips playing limit and complains about it not being no-limit is also in fact a bad no-limit player, what would it be?

100 percent

03-14-2018 , 08:27 PM

#572

that_pope

Carpal \'Tunnel

Join Date: Dec 2006 Posts: 33,409

Define bad.

03-14-2018 , 08:33 PM

#573

DougL

Too helpful for this post

Join Date: Sep 2002 Posts: 21,810

Quote:

Originally Posted by ninefingershuffle

100 percent

Agree

03-14-2018 , 09:25 PM

#574

TheDarkKnight

veteran

Join Date: Feb 2012 Posts: 2,535

I would take under 100%, but probably higher than 93%.

I know a long term NL winner that I've heard say stuff like this as recently as last night. I would consider anyone making money in the long run at poker "good."

03-15-2018 , 10:06 AM

#575

AlwaysFolding

Urban Pharmer

Join Date: Oct 2016 Posts: 19,980

Finally stopped being a nit and raised the second nuts in position as I'm supposed to. In a $50 splash pot!

4-8 w/kill, kill pot, OTB w 7

Four limps, I limp, SB raises, BB folds

Flop 2

CHECKS AROUND? WTF

Turn A

SB bets, fold fold fold, call, we call ldo

river 9

SB bets, CO calls, I ponder for a moment because I usually just call here to give SB a glimmer of hope...but nah I raise, both call, scoop big ol' pot.

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