Warning For Horse Players vs IRS and Government

[American Sniper]

TRUMP SAID WE NEED ID TO BYE FOOD   (RIGHT)

[cigar]

Small potatoes compared to the money you spend feeding those amish rejects you race.

Difference is I earn my $$$$$, you don’t.

[Field_In_Motion]

TRUMP SAID WE NEED ID TO BYE FOOD   (RIGHT)

Hes a sharp cookie

[swoodall]

This has been going on for quite some time...they think you might be a drug dealer...seriousl y...so just do Adw to bank transfer and pay your taxes.

I was waiting for this response.

I guarantee you at least 1/2 the guys on here know why this is a problem....it's called a wife!

By using cash you can control how much she sees when you win.

If you show all your winnings through transfers they get wild ideas about how to spend your winnings.

Obviously this money laundering surveillance has been going on a while but this is the first time it has reached my level of deposits and withdrawals which again is bullshit.

I doubt any horse racing gamblers are involved in any high crimes and misdemeanors.


Other than being pissed off that I was being treated like a suspect the part that really got me was the Government flyer they handed me saying these changes will affect All Cash Transactions.

That means horsemen, grooms, owners will all be under the same scrutiny when using cash at their banks.

[cigar]

News Flash For Cigar!

ZERO = ZERO!

  your an idiot swoodall 

[spaheaven]

Get your own bank account and electronic statements or a new wife.

[swoodall]

After further consideration I want to amend a previous post.

I said 1/2 the guys on here would understand the wifey thing but I'm pretty sure that estimate was too high.

I forgot most guys on here are NOT normal people living normal lives.

Most horsemen don't have wives they have baby mommas.

And too many gamblers are degenerates living in their mom's basement.

And the ones who do get married are too self centered to stay married so my point was lost on most of them.

There is no intention to deceive any taxing body when your play and winnings are documented.

So the assholes taking that route in responding are just being their dickish selves.  

[LUCPARK]

After further consideration I want to amend a previous post.

I said 1/2 the guys on here would understand the wifey thing but I'm pretty sure that estimate was too high.

I forgot most guys on here are NOT normal people living normal lives.

Most horsemen don't have wives they have baby mommas.

And too many gamblers are degenerates living in their mom's basement.

And the ones who do get married are too self centered to stay married so my point was lost on most of them.

There is no intention to deceive any taxing body when your play and winnings are documented.

So the assholes taking that route in responding are just being their dickish selves.  

I have a great life
Nice home

And enjoy.my life

My health no  great but

Most horsemen I know have a pretty good life

So I think u are wrong with last post

[Fatboy]

THAT DARN BANK IS RUINING EVERY CHANCE HE HAS TO DECEIVE HIS WIFE

[mwins]

Our government doesn't tax gambling winnings. If you deposit 10k cash or more the bank asks questions, but that's about it.

I withdraw larger amounts of cash pretty often. My ATM limit is 5k a day. I feel bad for you guys who have to answer to your government about how you use your own money. That makes no sense at all.

[jdogg1977]

After further consideration I want to amend a previous post.

I said 1/2 the guys on here would understand the wifey thing but I'm pretty sure that estimate was too high.

I forgot most guys on here are NOT normal people living normal lives.

Most horsemen don't have wives they have baby mommas.

And too many gamblers are degenerates living in their mom's basement.

And the ones who do get married are too self centered to stay married so my point was lost on most of them.

There is no intention to deceive any taxing body when your play and winnings are documented.

So the assholes taking that route in responding are just being their dickish selves.  

Normal people with normal lives!?!?! Is that what you call living at the Joliet otb leeching off the government? That’s normal to you? I feel sorry for your children, their father has showed them to be completely useless as a “normal” way to live

[Powerful Patricks Ghost]

This has nothing to do with horse players. What they have flagged you for is called structuring. I'd probably delete your original post because you literally admit to structuring.

[swoodall]

Our government doesn't tax gambling winnings. If you deposit 10k cash or more the bank asks questions, but that's about it.

I withdraw larger amounts of cash pretty often. My ATM limit is 5k a day. I feel bad for you guys who have to answer to your government about how you use your own money. That makes no sense at all.

I used to think these guys were only playing dumb but now I'm not so sure.

The old system here only targeted deposits above a certain daily and weekly limit too.

But the point I made that these clowns ignored was the bank said this new I. D. enforcement applied to all cash transactions.

That's where the change occurred. Limits apparently don't matter anymore.

At least that is my understanding of the explanation they gave me.

[swoodall]

I have a great life
Nice home

And enjoy.my life

My health no  great but

Most horsemen I know have a pretty good life

So I think u are wrong with last post

 


You are not living in a tact room smoking from a Volcano Vaporizer so don't take offense.

[swoodall]

This has nothing to do with horse players. What they have flagged you for is called structuring. I'd probably delete your original post because you literally admit to structuring.

Structuring is avoiding daily and weekly reporting by maker smaller more frequent deposits.

Your attempt at lawyering is a D-.

I repeat again....ALL CASH TRANSACTIONS are subject to the I.D. rule now and that's the change I was warning about.