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NateMeyvis's profile
Nate Meyvis
Nate Meyvis
Nate Meyvis
@NateMeyvis

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Nate Meyvis

@NateMeyvis

Independent writer / programmer / Guy Who Makes Things Happen With Software. Xoogler. I tweet about software engineering, books, sports, games, and gambling.

Melrose, MA
natemeyvis.com
Joined April 2009

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    1. Russell Fox‏ @russcfox 25 Jun 2013

      Why you may want to say no to http://wsop.com  if you win the $111k seat: A $27k (or more) tax bill; at http://bit.ly/19zWMHe 

      7 replies 15 retweets 6 likes
    2. Bob Jones‏ @bob_j 25 Jun 2013
      Replying to @russcfox

      @russcfox Interesting. What happens if you sell chunks?

      1 reply 0 retweets 0 likes
    3. Russell Fox‏ @russcfox 25 Jun 2013
      Replying to @bob_j

      @bob_j Staking would be separate, and would likely only impact your gambling win or loss, not the value of the entry.

      1 reply 0 retweets 0 likes
    4. Bob Jones‏ @bob_j 25 Jun 2013
      Replying to @russcfox

      @russcfox so I should just sell $27k to cover my taxes if I win the entry.

      1 reply 0 retweets 0 likes
      Nate Meyvis‏ @NateMeyvis 25 Jun 2013
      Replying to @bob_j

      @bob_j @russcfox Well, that's just more income. You need to sell >$27K to guarantee breaking even, I think.

      8:47 PM - 25 Jun 2013
      1 reply 0 retweets 0 likes
        1. New conversation
        1. Bob Jones‏ @bob_j 25 Jun 2013
          Replying to @NateMeyvis

          @NateMeyvis @russcfox i don't think so. If you won a car for $30k, you pay tax on that, sell it for $30k. You don't pay taxes again.

          1 reply 0 retweets 0 likes
        2. Nate Meyvis‏ @NateMeyvis 26 Jun 2013
          Replying to @bob_j

          @bob_j @russcfox Ah, right. I'd confused this with some markup situations.

          0 replies 0 retweets 0 likes
          3. End of conversation

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