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#1
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![]() If a DD pays about $150 for a $2 bet and one has a $20 wager on that DD, will those winnings be reported to IRS since its payoff is more than $600?
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#2
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#3
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![]() I believe that it's anything over 300-1.
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Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!" |
#4
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![]() no....it's not $600 dollars....it's 600 to 1 odds
on edit....I'm told ... It's anything over 300-1 AND over $600 dollars. In other words, $1 on a $900 for $2 bet, or $450, isn't a signer....btw thanks
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....stay lady stay...stay while the night is still ahead... http://www.playlist.com/playlist/15640118795/standalone Last edited by Payson Dave : 12-23-2008 at 10:09 AM. |
#5
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#6
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please use generalizations and non-truths when arguing your side, thank you |
#7
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#8
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It is 5k on a $1 or $2 bet that has automatic withholding, they do not make you sign for 5k if you have a 2k win ticket on a 2/1 and it wins. Bottom line is to make sure you play exotic tickets for lowest denomination possible and hit the ticket multiple times. |
#9
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that 5k automatic tax withholding is a big hit. 25% |
#10
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#11
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![]() what if your from another country
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