Anyone have plans for their income tax returns

[UntilTheNDofTimE]

or are we all just gambling it, im getting about 2,000 back and im pretty well off so i think ill just bet it on a NBA game try to double up and get a down payment for a new car,

is anyone doing anything productive with the money, family trip, giving it back to the kids? whores(BBD)

[pimike]

I need to get mine done before Obama taxes the shit out of me.

As someone who runs his own shops we will get hit next year hard.

[CarloTwoGuns]

I was gonna use it to pay off school loans .

Perhaps Ill use it as a bet and try to double down and speed up the process

[AgainstAllOdds]

or are we all just gambling it, im getting about 2,000 back and im pretty well off so i think ill just bet it on a NBA game try to double up and get a down payment for a new car,

is anyone doing anything productive with the money, family trip, giving it back to the kids? whores(BBD)

[sickler]

Plans?

delay...delay...delay...file at the last minute...(yeah, I owe..)

[UntilTheNDofTimE]

well the more fed taxes the more we get back right? wrong, nothing like more democrats more taxes

[ryanspeer2001]

Hold as much as possible until work picks up for me in April and probably bet a bit in the meantime for fun. May put away a few hundred for emergencies or whatever.

[CarloTwoGuns]

I should get atleast a grand back

[UntilTheNDofTimE]

Hold as much as possible until work picks up for me in April and probably bet a bit in the meantime for fun. May put away a few hundred for emergencies or whatever.

listen and learn

[InTheHole]

UNITED? you do know that's your money right?

[UntilTheNDofTimE]

i didnt miss it during the year i wont miss it after its lost or doubled

[InTheHole]

^

[donjuan]

or are we all just gambling it, im getting about 2,000 back and im pretty well off so i think ill just bet it on a NBA game try to double up and get a down payment for a new car,

is anyone doing anything productive with the money, family trip, giving it back to the kids? whores(BBD)

Uh, I thought you claimed to be a winning sports bettor. You planning on claiming that or was that all bravado?

[UntilTheNDofTimE]

Uh, I thought you claimed to be a winning sports bettor. You planning on claiming that or was that all bravado?

well u can look at my signature and compare every single record to my spreadsheet and youll get a profit in every sport, might not be much but im not loosing money

[donjuan]

well u can look at my signature and compare every single record to my spreadsheet and youll get a profit in every sport, might not be much but im not loosing money

So you are planning on lying on your tax return. Stay classy.

[CarloTwoGuns]

I wanna go up 8 grand and ill be happy

[UntilTheNDofTimE]

So you are planning on lying on your tax return. Stay classy.

get your calculator out and you can add up every pick and every record and it will match my signature thank you for being ignorant yet again, you have very intellectual things to say in the think tank but your negative sayings around here arnt needed, anytime you want a capping contest let me no and name a price...and who claims winnings on their return?

[donjuan]

get your calculator out and you can add up every pick and every record and it will match my signature thank you for being ignorant yet again, you have very intellectual things to say in the think tank but your negative sayings around here arnt needed, anytime you want a capping contest let me no and name a price

You are missing the point, as usual. If you are a winning sports bettor (or even have a winning year), you need to pay taxes on it.

[UntilTheNDofTimE]

i corrected myself above you got the best of me there

[donjuan]

and who claims winnings on their return?

People with a modicum of integrity.

[AgainstAllOdds]

Ive never paid taxes on gambling winnings. Im sure the extra grand or two I come out ahead a year isnt on the IRS radar. On my off years I cant deduct loses so it all balances out either way.

Call it "no integrity" or bad karma but unless you are making a steady income from sports gambling, I dont see a reason to claim it on taxes.

[donjuan]

If you are a breakeven bettor and it does balance out that is a bit different in terms of ethics. I don't think that is what Untilthendoftime has claimed in the past.

[AgainstAllOdds]

We should also remember that most gamblers here dont win. I would even go as far to say that about 5% of bettors at sbr are making 90% of the money.

[CarloTwoGuns]

I needa get in that 5%

[UntilTheNDofTimE]

If you are a breakeven bettor and it does balance out that is a bit different in terms of ethics. I don't think that is what Untilthendoftime has claimed in the past.

well vegas dosent tax you if you win under 5 grand , over the last 2 years I'm up 5 figures but since I'm under 21 I wouldn't dare claim winnings , wouldn't that itself raise flags ?

[ryanspeer2001]

well vegas dosent tax you if you win under 5 grand , over the last 2 years I'm up 5 figures but since I'm under 21 I wouldn't dare claim winnings , wouldn't that itself raise flags ?

I'm not getting into the ethics of this at all but with regards to reporting winnings and your age.

18 is the legal age to play the lottery and horse racing in most areas, so putting down gambling winnings under age 21 but still a legal adult shouldn't be an issue.

[THEGREAT30]

or are we all just gambling it, im getting about 2,000 back and im pretty well off so i think ill just bet it on a NBA game try to double up and get a down payment for a new car,

is anyone doing anything productive with the money, family trip, giving it back to the kids? whores(BBD)

Whoa, how are u getting money back if youre pretty well off? I guess youre not speaking of being well off as far as how much you make on your job. Lastly, Im still waiting on one of my w2's I worked for about 3 months last year, 2 seperate jobs, Im going to find a gig for a couple of months this year unless I hit a chunk from a book here soon. Employers are bitches why would they still be holding on to someones w2's?

[UntilTheNDofTimE]

I mean well of for what I have for being 19 , I have enough money saved to live comfortably on income living on my own.

[THEGREAT30]

I mean well of for what I have for being 19 , I have enough money saved to live comfortably on income living on my own.

Okay, I gotcha.

[UntilTheNDofTimE]

Whoa, how are u getting money back if youre pretty well off? I guess youre not speaking of being well off as far as how much you make on your job. Lastly, Im still waiting on one of my w2's I worked for about 3 months last year, 2 seperate jobs, Im going to find a gig for a couple of months this year unless I hit a chunk from a book here soon. Employers are bitches why would they still be holding on to someones w2's?

Legally if they don't send it out by the 31st ur entitled to money