acdawg712 Monster Stack, WSOP Mixed NL/PLO, and WSOP SNG (Lowered MU to 1.053 MU)
Join Date: Jun 2012
Posts: 1,275
Join Date: Jul 2005
Posts: 2,164
Finished 24th in the Mixed NL/PLO for $6,820 so we're gonna need those w-9 forms. Been an exhausting 30+ hours of tournament poker over the last few days but glad with the result. Gonna try to finish strong with the sng.
Join Date: Nov 2009
Posts: 2,776
Join Date: Jun 2012
Posts: 1,275
Join Date: Jul 2005
Posts: 2,164
Thanks guys. Ran decently well, but thought I played decently well by inducing a maniac with the TsTh on the 872hh6h board as well as recognizing my image and making some preflop moves to chip up vs tough player. PLO tournaments are still a work in progress and I hope to be more ready in the future after this run.
Join Date: Jul 2005
Posts: 2,164
If you didn't see on twitter, I wasn't sure if I was playing the sng and ended up not playing given the tables didn't look that soft given that there was nothing like Monster Stack coming up.
There's a chance that I don't need tax information from anyone other than the private investor since I think there's a $600 profit W-2 threshold, but let me confirm later today and I'll start sending out the payouts.
Join Date: Jul 2005
Posts: 2,164
Gonna go the safe way and collect name, SSN, and address from each investor. If you decline to provide this information, I will be withholding 25% as per the OP. Feel free to PM me or else I'll start contacting people over the next few days.
Join Date: Jul 2005
Posts: 2,164
Erm, final decision. We're gonna go with the W-9 forms.
Also, 25% withholding does seem a bit low as 30% seems to be the standard. Don't want to have any issues with the government, so I gonna go with 30% as to incentivize everyone to send the w-9 forms. Hope everyone understands; will contact everyone today regardless.
Last edited by acdawg712; 07-05-2016 at 02:11 PM.
Join Date: Jul 2005
Posts: 2,164
Have contacted everyone regarding payouts. Will update when everything is settled.
Join Date: Jul 2005
Posts: 2,164
Paid mtt and Jon K after we agreed on the tax liability. Still waiting on everyone else.
Join Date: Jul 2005
Posts: 2,164
Have paid everyone besides Adam H, BigO, traction, and UnknownName. Will remind everyone in the next couple of days.
