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how does someone who lives in the US cash out, lets say 50 thousand dollars, and not have any problems with the IRS or having people ask them where this money came from?
first post! and first thread!
king of the deck
SBR Hustler
03-27-07
90
#2
nice avatar, very subtle
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#3
Originally posted by jsybmw
how does someone who lives in the US cash out, lets say 50 thousand dollars, and not have any problems with the IRS or having people ask them where this money came from?
first post! and first thread!
order a check each day for under 10K
vs one for 50K is a start
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BettorFan
SBR Rookie
11-03-08
17
#4
What book do you use?
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jsybmw
SBR Rookie
11-05-08
29
#5
betus.com, but i mean wat happens if they catch you?
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jtuck
SBR MVP
02-18-08
2051
#6
Originally posted by jsybmw
betus.com, but i mean wat happens if they catch you?
If you seriously have 50,000 in BetUS then you probably need to worry about getting the money before you worry about what to do with it. Also, keep this bookmarked.
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jsybmw
SBR Rookie
11-05-08
29
#7
i dont have that much i was jut wondering for the people that do...i wish i had that much haha
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nick2060
SBR MVP
10-28-08
1051
#8
yea i think the best thing you could do would be ordering less amounts instead of just 50k, but technically couldn't you just say your wealthy entrepreneur friend who now lives wherever sent you money as an early christmas present/birthday present, i dont live in america so iunno how that works but they shouldn't have any right to deny a story like that
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jtuck
SBR MVP
02-18-08
2051
#9
Whew, I was worried for ya there for a minute. I'm thinking getting it in several smaller payouts with a couple of different methods would work without any trouble.
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jsybmw
SBR Rookie
11-05-08
29
#10
thanks for clearing that up, now its time to make 50k! haha
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Always Somethin'
SBR Sharp
09-19-08
282
#11
Originally posted by nick2060
yea i think the best thing you could do would be ordering less amounts instead of just 50k, but technically couldn't you just say your wealthy entrepreneur friend who now lives wherever sent you money as an early christmas present/birthday present, i dont live in america so iunno how that works but they shouldn't have any right to deny a story like that
The IRS in America won't just take your word for anything if they are auditing you.
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eidolon
SBR Hall of Famer
01-02-08
9547
#12
To be under the radar, I believe you have to get payed out less then 2000. This might only apply to inner country establishments, who have to report it if it is over 2000. Overseas might be 5k. I'm sure you can find out if you google it.