1. #1
    TodaysLocks
    TodaysLocks's Avatar Become A Pro!
    Join Date: 09-06-10
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    Substantial wire USA

    Did a search, yet did not find answers to these specific questions for a decent-sized wire for US Players. Please, serious answers only.

    Let's say Im up to 15k, don't want a check or p2p. So I opt for wire:

    1) In my bank account, where will it show the wire coming from? A person? A bank? A business? What will be the description of where the wire originated.

    2) if the bank contacts and asks where/what it's for, what do I say? Please no responses like "mind your own FKN business!"

    Do I say it's gambling winnings? Poker winnings? A business transaction?

    Or.....will they know where it's from without having to ask?

    3) when I pay my taxes, will I be questioned about why the money I'm claiming as gambling income came from a large wire? Will this present a problem because the IRS will realize this wire was a offshore gambling payout in disguise?

    Or will they not care that it was wired from an offshore book?

    Just curious if they will say:

    "if this large wire is gambling winnings, why is the description on the wire say Bobs Internet Electronics?"

    Thanks for any insight.

  2. #2
    SportsMushroom
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    Join Date: 09-28-10
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    from my own experience, the bank will not ask you anything and the IRS will not have a problem

    because in the free world banks dont give a fukc if a transaction is gambling related or not and gambling winnings are not taxable

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