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Message
re: Question about taxes on winning a $50k eliminator contest
Posted on 9/16/13 at 3:16 pm to Delacroix
Posted on 9/16/13 at 3:16 pm to Delacroix
These are the results of $20 a entry, CFB Bowl Game pool I participate in. Nobody ever receives a 1099, so no one reports it. 17-5 usually wins, if you win the tie breaker. We also have a March Madness with fewer players.
Another year's contest is over and the results are in:
1st Place: Ken Hawk $10,188.00 (60% of the pot)
2nd Place: Alex Kapres $3,396.00 (20% of the pot)
3rd Place: Billy Hargett $1,698.00 (10% of the pot)
4th Place: Michael Uilkie $1,018.80 (6% of the pot)
5th Place: Brett Henry $679.20 (4% of the pot)
CONGRATS, guys!!!
Another year's contest is over and the results are in:
1st Place: Ken Hawk $10,188.00 (60% of the pot)
2nd Place: Alex Kapres $3,396.00 (20% of the pot)
3rd Place: Billy Hargett $1,698.00 (10% of the pot)
4th Place: Michael Uilkie $1,018.80 (6% of the pot)
5th Place: Brett Henry $679.20 (4% of the pot)
CONGRATS, guys!!!
3
Posted on 9/16/13 at 4:51 pm to CHSBears
quote:
Nobody ever receives a 1099, so no one reports it.
Then everyone with gains is a tax cheat.
Posted on 9/17/13 at 9:26 am to CHSBears
quote:
CHSBears
Posted on 9/17/13 at 6:05 pm to CHSBears
Way to be your typical butthurt loser faggie.
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