I'm back😁 (Apparently I'm not a man of my word)..$21K Wimbledon advice needed.
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pimikeBARRELED IN @ SBR!
- 03-23-08
- 37140
#351Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#352You can’t write off losses. Government changed that. You have to prove your a professional gambler doing it as a buisness.
Otherwise you will pay for any net gains.
Trust me they already reported the winnings to Biden.
If you get audit you will be responsible. If not then no.
what is your source??????
Nonresident alien individuals are also required to report their U.S.-source gambling winnings as income; however, deductions for nonresidents are only allowed if they are connected with income that is effectively connected with a trade or business. Accordingly, recreational gamblers who are nonresidents are unable to deduct their gambling losses to offset their gambling winnings.Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
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jjgoldSBR Aristocracy
- 07-20-05
- 388179
#359Play offshoreComment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#360i literally said deal
you fukkin idiots have no clue what i haveComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#362YesComment -
BeatTheJerkBARRELED IN @ SBR!
- 08-19-07
- 31794
#366Dougie did you give the Sportsbook your SS# ?Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#370goddamn dougy
are you listening to me or what?
im literally trying to save you thousands of dollarsComment -
BrickJamesSBR Hall of Famer
- 05-05-11
- 9749
#371You can offset the taxes with losses, any legitimate place that you lost money at will give you a win loss statement at the end of the year to offset the taxes of your big winComment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
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BeatTheJerkBARRELED IN @ SBR!
- 08-19-07
- 31794
#373I won basically the same amount a little over two years & lived off that money for over a year & reinvested what I had left in Bitcoin last October & made 3X & sold it in May before the crash got real fuckin’ lucky I will say I’m no BTC guru.Comment -
BrickJamesSBR Hall of Famer
- 05-05-11
- 9749
#375
That being said I have gotten burned on it a bunch of times also.
I've had guys who owe me money give me 5K in Bitcoin and the next day it's worth 4. Shit is volatileComment -
BeatTheJerkBARRELED IN @ SBR!
- 08-19-07
- 31794
#376Hell yeah it’s volatile & it will always be it’s a digital asset that’s the crypto game you gotta be on top of it unless you are just a HODL. Now if your getting paid with crypto & you wanna get it in & out it’s basically a fuckin’ coin toss.Comment -
Doug tushyterrorSBR MVP
- 07-03-12
- 4172
#377
Comment -
SamsNCharge99SBR Aristocracy
- 10-22-08
- 41242
#382Comment -
Chi_archieSBR Aristocracy
- 07-22-08
- 63172
#385pay upComment
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