That's only a problem for US-citizens. Everyone else can just leave the US and its tax system.

I lost track of tax talk but I was talking about state income tax, not federal income tax

Dude, seriously, stop dispensing advice on things you know nothing about. There is a lot more variance than just large cities on state borders. For example, Oregon taxes income earned in Oregon, whether you are an Oregon resident or not, but does not tax income earned outside Oregon, even if you are an Oregon resident. California, on the other hand, taxes its residents' out-of-state income, though it allows a credit for taxes paid to other states. These are but two examples of many, many different types of variance.

Also, though American expats are required to file a federal return, the first $120K (as of 2023, this amount adjusts based on inflation) of foreign-earned income is not taxable.

You still have to file it though. I spent many years filing tax returns, FBARs, and everything else that always came out to say the same thing: I owe $0.

I used to work for Halliburton (an oilfield service company). Although my home office was in Broussard, LA, I lived in Texas and worked mostly offshore. Everything offshore outside a 3 mile limit is not considered state waters. Except for the few times that I worked on inland waters or on land, I paid no Louisiana state taxes. Louisiana does tax income earned in Louisiana earned in the state by non residents, the most prominent examples are pro athletes who play games there from time to time.

Imagine the life of a pro golfer. The travel, the time away from family, etc. But you actually LOVE the game! I know I do. If I were good enough, I would play even if I were barely making a living.

My apologies to all. I was incorrect and can admit that. Garrick, my one example wasn’t meant to mean that is the only one, and of course I know that one isn’t double taxed vis a vis credit for taxes paid.

You might as well delete my posts so Dynasty’s doesn’t get buried in all this.

Merry Christmas and good luck at the tables in 2024.

Stand up response. That's not something you see on the internet very often. I apologize for reading defensiveness into the example you gave. I'm so used to people on the internet saying "well, yes, technically you're right, but for all practical purposes I am still right" that I assumed that's what you meant there. My apologies for the assumption.

My new response to anyone who disagrees with me ever, TY.

Tax and residency is interesting..

Where will ohtani be living when he is paid $70 million per year for a bunch of years?

New York took case to court on Exxon former CEO getting paid huge annual pension in Florida.. "Hey, he earned that in New York!?!?"Or

In case people wonder, pretty sure you can't buy expensive car in "zero sales tax" state and then take it to drive registered in "high sales tax" state... Could be wrong

Interesting. Is the tax paid by pro golfer winning a tourney in L.A. Just offset to taxes paid in residency state? (Although tons live in "no state income tax" Florida

Shocked I don't hear more of this in Canada... Should be giant mess but I am guessing leagues simplify it somehow i.e. Maybe even seamless

Never thought I’d see great weather and hiking listed as a pro for Vegas. It’s a freaking barren desert. I prefer more moderate temperatures and hiking near beaches, waterfalls, and lush green landscapes but that’s just me.

I used to leave right along the beach in NJ right where Tony Soprano got his summer house

It’s ok, but Vegas has much better weather imo. I do miss the beach but I lived there for years and it’s really only nice a few months of the year. The humidity and the mosquitoes really get you.

San Diego and Phoenix are quite nice but fall short in other key areas for me.

I appreciate whoever bumped this thread. It's rare that we get such a long, honest snapshot of a poker career. Thanks for sharing, Dynasty! Despite corresponding with you for five years as a contributor to the 2p2 magazine, I didn't know any of this backstory. Now your occasional chess wisdom makes more sense

this is the way

Is it possible to make a living playing mix games in 2024?

asking for an imaginary friend...

Wow I was around to read this thread in the beginning and it is very cool to see it updated. Thank you!

There you go. I live in California and derive income both from New York and Oregon. I pay California state income tax on ALL my earnings, with deductions allowed for the taxes paid to the state of New York. I do not pay state income taxes to Oregon. On my federal return I take deductions for all my state income taxes. My accountant handles all this for me and my return each year is about once inch thick.