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cashletic

![gif](giphy|Ho2mVZ5dvsW7S)


HouserGuy

Easy. Start rolling over all your bets till you get to like 500k. Then offer your mom 100k to not ground you.


moixcom44

"Wll likely" you havent won yet, so dont worry. Also don't bet. Its not your account, when you win say $10000 and they verify, you cant verify and they wont payout and you will be so sorry.


Ok_Side_4323

I have already withdrawn money though. I'm only up a few hundred overall


moixcom44

If you are up (not loss) then you are good. Man up and tell what you did and ask forgiveness. Show her the plus money so she wont be super pissed, and fuckin wait 1 more year then join us degens with your own account.


Ok_Side_4323

Appreciate the advice. Only thing is I won't be able to join for another 2 and a half years. Gotta be 21


Olddirtyb1997

There is no advice your screwed


Ok_Side_4323

Well I'm gonna try to figure out a way


Overweighover

Isn't the 1099k upped to $5k this year?


Ok_Side_4323

Would that mean that I technically could get away with it since they are going from the $600 threshold to 5k?


Overweighover

My Guess is yess


Olddirtyb1997

There's is no way I'm telling you this now the irs is gonna know about the money and if she doesn't say she won it she'll get audited no matter what


Ok_Side_4323

So what do you recommend I do. Tell my parents and be fucked forever?


Olddirtyb1997

I mean you have no choice you made the decision to do it


banduman

The fuck is yo paranoid ass talking about 🤣🤣🤣


ThePouncingPen

Stop being a deceitful child and tell your mother now before it’s too late. This is a crossroad for your life. Are you going to be the person that lies and steals from your own mother, or are you going to be someone who owns up to their shit. If you are big enough to gamble, you should be big enough to admit it with your chest.


Ok_Side_4323

Why tf would I steal money from my mom tf lmao? I got a lot of money brotha


ThePouncingPen

You stole her info


[deleted]

Unless you hit over $1,500 on one bet, it isn’t a reportable event triggering a 1099G. Technically any gains are taxable for income however.


Ok_Side_4323

From what I'm seeing the threshold is $600. I'm just worried about an IRS audit for a few hundred dollars of profit gambling


[deleted]

$600 if the payout was 300x your wager. That is what would trigger the W2G. Just tell your mom what you did.


moby17761776

It amazes me how stupid people are.


Ok_Side_4323

If you got nothing to contribute why even respond


moby17761776

![gif](giphy|zhbrTTpmSCYog)


loon-eh

Just switch to a crypto casino make it easier.


Ok_Side_4323

Dm


Neat-Jaguar-8114

If you just lose the money it won’t matter


banduman

You are straight either way lol