Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Reload this Page Money Investing megathread extravaganza
Register FAQDonate Members List Calendar

Reply
Page 73 of 940 « First 236369707172 73 7475767783123173573 Last »
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $6899
Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,563
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 01:54 PM   #1081
scho63 scho63 is offline
Politically Incorrect
 
scho63's Avatar
 

Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $751110
I'm wondering what everyone thinks about buying Macy's at this price of around $22. It is yielding nearly 7% !!!

I know all about the Amazon effect but I gotta assume at least some of the better retailers will survive.

I think you guys who bought in on "X" in the $20-21 will be happy in another year.
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~


2018 2019 2020 20212022 2023 2024 Adopt a Chief - Clark Hunt and Brett Veach
"The men who drafted Patrick Mahomes"

Posts: 52,980
scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.scho63 is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:02 PM   #1082
O.city O.city is offline
In Search of a Life
 
O.city's Avatar
 

Join Date: Jul 2009
Casino cash: $1034064
So off topic a bit but I had a pretty good weekend in vegas this past weekend and made out with some cash. How do taxes in that work?
Posts: 82,938
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:06 PM   #1083
eDave eDave is offline
Banned
 

Join Date: Jan 2013
Casino cash: $9998560
Quote:
Originally Posted by O.city View Post
So off topic a bit but I had a pretty good weekend in vegas this past weekend and made out with some cash. How do taxes in that work?
How much cash. At some point, the casino reports those winnings and will have to be listed as additional income. I don't believe the casino taxes the money but they report it, I assume. I've never worried about it but I've never won what I would consider large sums.
Posts: 53,803
eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:20 PM   #1084
O.city O.city is offline
In Search of a Life
 
O.city's Avatar
 

Join Date: Jul 2009
Casino cash: $1034064
I took 2 grand in cash and walked out with 14 g.
Posts: 82,938
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:24 PM   #1085
Amnorix Amnorix is offline
In BB I trust
 
Amnorix's Avatar
 

Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
Quote:
Originally Posted by eDave View Post
How much cash. At some point, the casino reports those winnings and will have to be listed as additional income. I don't believe the casino taxes the money but they report it, I assume. I've never worried about it but I've never won what I would consider large sums.

Yeah, casino winnings aren't subject to withholding/deduction, generally, but you're supposed to report winnings. I don't know at what point the casino's themselves file a 1099 or whatever with the IRS.

However, you can offset winnings by losses within the same year, though obviously it would be best if you had some records around this to show the losses. You can't take more in losses than you had in winnings, AND your losses can only be taken if you itemize deductions I believe, so if you're taking the standard deduction, oh well.

As always, the advice on here is worth precisely what you paid for it.
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington
Posts: 43,125
Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:25 PM   #1086
Amnorix Amnorix is offline
In BB I trust
 
Amnorix's Avatar
 

Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
Quote:
Originally Posted by O.city View Post
I took 2 grand in cash and walked out with 14 g.
Did the casino request your social security number at any point, or do they already have it because you have some kind of account with them?
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington
Posts: 43,125
Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:37 PM   #1087
O.city O.city is offline
In Search of a Life
 
O.city's Avatar
 

Join Date: Jul 2009
Casino cash: $1034064
Quote:
Originally Posted by Amnorix View Post
Did the casino request your social security number at any point, or do they already have it because you have some kind of account with them?
They already have it
Posts: 82,938
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:40 PM   #1088
Amnorix Amnorix is offline
In BB I trust
 
Amnorix's Avatar
 

Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
Quote:
Originally Posted by O.city View Post
They already have it

Yeah, imagine they will send you a 1099-[whatever letter it is for gaming winnings].

You should definitely keep track of gaming losses in 2017 now, if you haven't been already, as losses can be used to offset winnings.
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington
Posts: 43,125
Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:41 PM   #1089
eDave eDave is offline
Banned
 

Join Date: Jan 2013
Casino cash: $9998560
Quote:
Originally Posted by O.city View Post
I took 2 grand in cash and walked out with 14 g.
Personally, I wouldn't claim it. If they catch you, meh about the penalty. It's free money regardless. It's another gamble but you won't lose much. Drug dealers lose more though laundering.

Let it ride!
Posts: 53,803
eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.eDave is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 02:47 PM   #1090
Amnorix Amnorix is offline
In BB I trust
 
Amnorix's Avatar
 

Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
Quote:
Originally Posted by eDave View Post
Personally, I wouldn't claim it. If they catch you, meh about the penalty. It's free money regardless. It's another gamble but you won't lose much. Drug dealers lose more though laundering.

Let it ride!

I'd agree with this unless they send him the 1099-whatever.
__________________
"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington
Posts: 43,125
Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.Amnorix is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 04:50 PM   #1091
Coach Coach is offline
Champs!
 
Coach's Avatar
 

Join Date: Mar 2004
Location: Kansas City
Casino cash: $4778476
Quote:
Originally Posted by Amnorix View Post
Yeah, imagine they will send you a 1099-[whatever letter it is for gaming winnings].

You should definitely keep track of gaming losses in 2017 now, if you haven't been already, as losses can be used to offset winnings.
W-2G. Gambling winnings.

1099 is for Misc stuff like non-compensation employee or self employed, etc.
__________________
Super Bowl IV, LIV, LVII & LVIII Champions
2020, 2021, 2023, & 2024 AFC Champions
1985 & 2015 Major League Baseball World Series Champions
1980, 1985, 2014, & 2015 Major League Baseball American League Champions
2015 American League Central Division Champs
Posts: 54,097
Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.Coach is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 06:45 PM   #1092
Buehler445 Buehler445 is offline
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $294734
Quote:
Originally Posted by O.city View Post
I took 2 grand in cash and walked out with 14 g.


Holy hell man.

https://www.efile.com/taxable-gambli...-income-taxes/

Looks like it is just a flat 25% tax.

This link says you can only deduct losses if you itemize.

Personally, I'd just stick it in a savings account until tax time.

No W-2 G, I wouldn't report it.
Last edited by Buehler445; 07-13-2017 at 06:46 PM.. Reason: Too dumb to read.
Posts: 58,248
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 07:14 PM   #1093
O.city O.city is offline
In Search of a Life
 
O.city's Avatar
 

Join Date: Jul 2009
Casino cash: $1034064
Quote:
Originally Posted by Buehler445 View Post


Holy hell man.

https://www.efile.com/taxable-gambli...-income-taxes/

Looks like it is just a flat 25% tax.

This link says you can only deduct losses if you itemize.

Personally, I'd just stick it in a savings account until tax time.

No W-2 G, I wouldn't report it.
It was the craziest shit I've ever seen.

Was up 2 grand thru Saturday, then sat night sat at the blackjack table with 1000, 100 dollars a hand minimum. Played about 1.5 hours and got to noticing my stack was getting a little bigger as I started betting more.

Colored up and had 8k
Posts: 82,938
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 07:20 PM   #1094
Buehler445 Buehler445 is offline
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $294734
Jesus man. I don't want to gamble that much cash. Maybe it is because I gamble a lot on weather but damn. I worked hard for coin. I don't want to give it to a casino - I have invariably bad luck.
Posts: 58,248
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
     Reply With Quote
Old 07-13-2017, 07:22 PM   #1095
O.city O.city is offline
In Search of a Life
 
O.city's Avatar
 

Join Date: Jul 2009
Casino cash: $1034064
Quote:
Originally Posted by Buehler445 View Post
Jesus man. I don't want to gamble that much cash. Maybe it is because I gamble a lot on weather but damn. I worked hard for coin. I don't want to give it to a casino - I have invariably bad luck.
It was my 30th bday trip and I had been saving the cash for a while for it so I was prepared to lose it.

But it was pretty cool to have a 5000 dollar chip.
Posts: 82,938
O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.O.city is obviously part of the inner Circle.
     Reply With Quote
Reply
Page 73 of 940 « First 236369707172 73 7475767783123173573 Last »

« Previous Thread | > Nzoner's Game Room < | Next Thread »

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump




All times are GMT -6. The time now is 05:27 AM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.