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*******HU CASH Regs thread******* *******HU CASH Regs thread*******

03-04-2011 , 05:08 PM
has any1 in here who is a student (had the option to declare as amateur) declared themselves as a professional when paying taxes? i use russ fox and we havent talked about it yet (just sent him my stuff). for 2009 he had me file as an amateur. in 2010 i made significantly more than 09. couldnt imagine finding more than like 20k? in expenses for 2010. ive always thought if u had the option to file as an amatuer it would almost always be better but after reading ann's article idk. ill ask russ when we talk but jw
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03-04-2011 , 05:09 PM
Give Russ the numbers, he'll tell you which is better. The man is a genius.

But it's not really an optional thing. If you made all your money from poker and almost nothing anywhere else, you really don't have a choice in your filing status.
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03-04-2011 , 05:14 PM
Is it tax time in the US?
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03-04-2011 , 05:28 PM
Quote:
Originally Posted by Inland Knight
I wasn't commenting on the hand, just on your comment of fish being rare. It was said tongue in cheek. But, it is kind of true, who you call fish and jungle calls fish will be completely different. It's all relative.
heh that's true for sure. For jungleman and some guys here everyone is fish;P
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03-04-2011 , 05:32 PM
Quote:
Originally Posted by mrrpb
Is it tax time in the US?
April 15th =\
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03-04-2011 , 05:43 PM
Quote:
Originally Posted by MasterLJ
Give Russ the numbers, he'll tell you which is better. The man is a genius.

But it's not really an optional thing. If you made all your money from poker and almost nothing anywhere else, you really don't have a choice in your filing status.
i think if you're a student you MIGHT have an option, but i don't remember. Its been a while. I'm pretty sure I always filed as a professional, even during school.
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03-04-2011 , 05:45 PM
Whats the tax rate for poker players in the US? (And is it the same in every state (Im not even sure what the laws are in Nevada, but I bet they are more suited for "pro gamblers")
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03-04-2011 , 05:49 PM
Quote:
Originally Posted by MasterLJ
April 15th =\
That sucks, but at least there's resources available for poker pros I suppose. We may well have gambling taxes introduced here in Ireland in the coming years and you can bet such resources won't be around for a long time.
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03-04-2011 , 06:02 PM
Thanks for the link 4G2. Now all I gotta do is read it and figure things out. I really wonder how many players just fly under the radar with all this stuff, especially if you made less than 20k and are a student just doing it on the side. tbh the first couple years i made less than a couple k and didn't even bother, but this time around I am really thinking about doing it. I don't even do my own taxes (family member does it). Furthermore if you get moniez through western union how do they even trace that? I don't want to pull a Wesley Snipes or anything though you know lol.
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03-04-2011 , 06:57 PM
u can use fake names at WU so its pretty hard to trace
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03-04-2011 , 07:12 PM
Quote:
Originally Posted by MasterLJ
April 15th =\
April 18th this year I am pretty sure.
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03-04-2011 , 07:25 PM
LJ,

I once had an experience with my wife that put me in a similar state of mind although not as bad as your ordeal. We were coming home from a trip to NYC and my wife had to go to the bathroom. As we pull into a rest top there are two arrows directing vehicles where to go, one for cars and the other for trucks(the parking lots are unattached to one another. Naturally, i pull into the car section of the parking lot only to find out that ever single parking space is taken up as well as a few additional spaces that people had turned into temporary parking spots. At this point she really has to go so i pull into the only spot that could fit a car and not block traffic flow in the parking lot. The only space was an area blocked off in front of a sidewalk ramp. Not wanting to block somebody in a wheelchair i stayed far enough away and off to the side to allow access. I put my 4ways on and my wife goes to the bathroom while i stay in the car.

Just as i see my wife coming out a state trooper pulls up beside me and motions for me to roll my window down.

Cop: What's wrong with you?

Me: I know, i'm really sorry officer.. it's just that there are actually no parking spaces in the.... he cuts me off.

Cop: I don't care, there are plenty of spaces over in the other lot (points)

Me: (at this point my wife has just come back and gotten in the car)Yeah there are, but the sign directed cars to this lot, and there's no way to get back over..

Cop: Apparantly you aren't understanding what i'm saying son, do you want a ticket. I could give you a $200 citation right now. How would you like that?

Me: I wouldn't like...

Cop: You need to shut up and listen, because all your doing is digging yourself deeper and deeper in the hole


Copdirects his attention to my wife)You need to explain to your husband that i'm trying to him a favor. He did something wrong didn't he?

Wife: Yes he did officer

Cop: I could give him a ticket for that, couldn't I?

Wife: Yes you could officer.

Cop: I want you to tell your husband what he did wrong......go ahead.... tell him.

My wife proceeds to say exactly what he wants to hear.

Cop: He probably does this sort of thing a lot, doesn't he?

Wife: I think he just made a mistake, I don't think he meant to do it.

Cop: You don't have to stick up for him. He knows he did something wrong, isn't that right? (I nod)

Cop: (Looking back at me)I'll tell you what, because of your wife, I'm going to be nice and not give you a ticket. Instead of paying $200 for a ticket, you're going to take your wife out and spend $200 on her for dinner, is that understood? (Looks at my wife) Would you like if i did that for you?

Wife: Yes I would.

Cop: You're lucky she's got a lot more sense than you do. (Looks at wife) Ok well see to it that this sort of thing doesn't happen again. Have a nice day
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03-04-2011 , 07:27 PM
I am seeking a staking\coaching deal for another site if anyone is interested please see link below:

http://forumserver.twoplustwo.com/13...g-deal-991545/
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03-04-2011 , 07:29 PM
you got betaed son
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03-04-2011 , 07:29 PM
not but seriously, ****ing hate self entitled cops like that
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03-04-2011 , 07:30 PM
rofl, loved that story. typical egomaniac cop
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03-04-2011 , 07:33 PM
Warder, keep a loaded 9 in your glove compartment. Problem solved.
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03-04-2011 , 07:35 PM
Quote:
Originally Posted by BigDish
played a friendly 2 table session of 1/2 vs someone today.... this is his graph
Spoiler:

Quote:
Originally Posted by Jekus
Full Tilt Poker $400.00 No Limit Hold'em - 2 players
The Official 2+2 Hand Converter By DeucesCracked Poker Videos

Hero (BB): $427.50
BTN/SB: $219.00

Pre Flop: ($6.00) Hero is BB with A 9
BTN/SB raises to $12, Hero calls $8

Flop: ($24.00) 9 3 9 (2 players)
Hero checks, BTN/SB bets $207.00, Hero calls $207

Turn: ($438.00) 6 (2 players)

River: ($438.00) K (2 players)

Final Pot: $438.00
Hero shows A 9
BTN/SB shows 4 Q
Hero wins $437.50
(Rake: $0.50)

christmas time
LOL nh sirs
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03-04-2011 , 07:44 PM
@Warder that's such a sick spot. Your manhood is being totally undermined by an idiot making **** all per year but if you try to retaliate in any way you're going to be ****ed up more than it's probably worth.

Fwiw I'd much rather some drunk sleeze on my gf for a sec than sit there treating us like that, at least the drunk is drunk. The cop is stone sober and just a naturally infuriating, insecure failure of life.
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03-04-2011 , 09:34 PM
^
Well nothing is like singing alone in front of the computer.


Ive just watched trough the entire The Office[US] version, must be top 5 shows of all time.
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03-04-2011 , 09:41 PM
Quote:
Originally Posted by PaperWalls
Ive just watched trough the entire The Office[US] version, must be top 5 shows of all time.
This is like the first thing I've ever agreed with you on.
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03-04-2011 , 10:03 PM
Quote:
Originally Posted by PaperWalls
^
Well nothing is like singing alone in front of the computer.


Ive just watched trough the entire The Office[US] version, must be top 5 shows of all time.
I'm surprised you still think that if you've watched the last 2 seasons. The show seriously went from being brilliant to, wtf? At first every person had funny quirks that were all hilarious in their own way. In the last two seasons they've taken those funny personality quirks and elevated them to the point of being obnoxious and leaves you wondering if it's a totally different set of writers. I'm just hoping Ricky Gervais takes Michael's spot to at least finish out the series with some of the fire it started with.
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03-04-2011 , 10:04 PM
http://www.last.fm/music/Boards+of+Canada/Geogaddi

Hadn't listened to this in years until tonight. Very nice way to wind down after a particularly frustrating day at the tables. Must use headphones though.
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03-04-2011 , 11:16 PM
front seat ya'll
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