Okay, let say if you want to withdrawl and get paid around 1.5-2k. Would it be safe to request P2P? Will it throw flags up? Will it be taxed?
Question Regarding Withdrawls for P2P
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QuangXSBR MVP
- 02-03-11
- 2756
#1Question Regarding Withdrawls for P2PTags: None -
paranoyd androydSBR Hall of Famer
- 10-01-11
- 6459
#2yes, major flags and taxed at 75% - best not try this and keep playing with it instead. glComment -
playersonly69SBR Posting Legend
- 01-04-08
- 12827
#4Well technically ANY payout that you receive should be reported to the IRS, SHAME ON YOUComment -
The Bet MasterSBR MVP
- 09-29-10
- 2665
#5I think anything over 1000 they report anyway? Safer taking 2 750 payouts on each.Comment -
QuangXSBR MVP
- 02-03-11
- 2756
#6This will be like my first time, in a year, Will they really investigate and raise flags..? If i do two 750 it wont be free.. Is it better just getting a check then?Comment -
iifoldSBR Posting Legend
- 04-25-10
- 11111
#7Your OK Pal...
Guys like Opie are who they are after...Comment -
QuangXSBR MVP
- 02-03-11
- 2756
#8sighhhhComment -
greenhippoSBR Hall of Famer
- 02-15-12
- 9091
#9If you're my brother and I wanted to send you money for your birthday. You think you'd be taxed on that amount? Same thing applies here, west to the union doesn't know it's an online book sending you the moneyComment -
The Bet MasterSBR MVP
- 09-29-10
- 2665
#10I never do over 1K withdrawals but I know there is an amount that forms had to be sent the the government by eastern union. A lot of other guys here probably know.Comment -
Waterstpub87SBR MVP
- 09-09-09
- 4108
#11Your not going to get pinched for a 1500$ ** payout. Hundreds of those transactions occur daily.Comment -
convickSBR MVP
- 11-03-11
- 3954
#12Just get the damn withdrawal. Cash is king. Any and all income you get should technically be reported and could be taxed. Im not your accountant so I wont tell you what to report or not.Comment -
High3rEl3m3ntSBR Hall of Famer
- 09-28-10
- 8022
#13If you are thinking of the most popular book for U.S. players with this question in mind, you're not going to be able to get amount p2p anyway. The most I can get is $990 with one way and $850 with the other way. For anyone who is new to p2p, it's best to avoid sending money to the country that starts with "C" and instead, insist on one of the other ones. I learned the hard way.Comment -
PickWinnerAllDaySBR Posting Legend
- 08-31-11
- 12722
#14If you are thinking of the most popular book for U.S. players with this question in mind, you're not going to be able to get amount p2p anyway. The most I can get is $990 with one way and $850 with the other way. For anyone who is new to p2p, it's best to avoid sending money to the country that starts with "C" and instead, insist on one of the other ones. I learned the hard way.Comment -
Deal With ItSBR High Roller
- 04-29-11
- 166
#15If you are thinking of the most popular book for U.S. players with this question in mind, you're not going to be able to get amount p2p anyway. The most I can get is $990 with one way and $850 with the other way. For anyone who is new to p2p, it's best to avoid sending money to the country that starts with "C" and instead, insist on one of the other ones. I learned the hard way.
Cameroon
Canada
Cape Verde
Central African Republic
Chad
Chile
China
Colombia
Comoros
Congo, Democratic Republic of the
Congo, Republic of the
Costa Rica
Cote d'Ivoire
Croatia
Cuba
Cyprus
Czech RepublicComment -
High3rEl3m3ntSBR Hall of Famer
- 09-28-10
- 8022
#17lol Deal...guess which one i was referring to? 2ptsComment -
QuangXSBR MVP
- 02-03-11
- 2756
#18Coasta Rica, Sigh
I might settle for a check, Since technically they have no rights to check my personal bankComment -
CRitchieSBR Rookie
- 03-14-12
- 24
#19Do the p2p, anything less than $1000 is not investigated. cash out weird amounts not ending in zero and you are good. Checks for less than 5k are good too, the only problem some guys have with checks is waiting for the bank to clear it.Comment -
Cuse4twSBR MVP
- 03-16-10
- 2895
#20dude its fine...keep it under a grand and you dont sign shit...you will literally walk in fill in a form and someone who gave up on life will hand you your cash.
if they ask why your getting the money, you have the following options:
1. Tell them to kiss your dick
2. tell them to suck your dick
3. tell them that youve never ******* heard of them palComment -
CRitchieSBR Rookie
- 03-14-12
- 24
#21lol. just say is to pay someones funeral cost. They will feel sorry and wont ask any more questionsComment -
5mike5SBR Aristocracy
- 09-21-11
- 52053
#22normally u dont have any problem with 1000+ either
at least if u just go to a grocery storeComment -
John DoughSBR MVP
- 09-21-05
- 1785
#23Here's a thought, just declare your gambling income, pay your taxes, and not worry so much about how to commit tax evasion.
Just an idea.Comment -
QuangXSBR MVP
- 02-03-11
- 2756
#24dude its fine...keep it under a grand and you dont sign shit...you will literally walk in fill in a form and someone who gave up on life will hand you your cash.
if they ask why your getting the money, you have the following options:
1. Tell them to kiss your dick
2. tell them to suck your dick
3. tell them that youve never ******* heard of them palComment -
theblueprintSBR Sharp
- 10-29-11
- 276
#26I just really wish you guys would learn how taxing runs before declaring hearsay as factComment -
High3rEl3m3ntSBR Hall of Famer
- 09-28-10
- 8022
#27betmaster, you can't just take two smaller ones in row though...you'll have to wait 8 days on average. And whoever said that they won't even ask for your ID or anything, that's a bunch of malarky, unless your buds with whoever's behind the counter.
One more bit of advice from someone who uses both p2p methods and frequently withdrawls, do not go to a checkcity or any similar place. Made the mistake of doing that when getting $990 and they took my pic., had me fill out a few forms beside the basic p2p cash rec. form. and yah, like someone said, go to grocery stores.Comment
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