Yesterday I scored another final table and another cash in a Bodog tournament, finishing 7th out of 400+ players. The buy-in was only $10, so one had to go very deep to win much of anything. I got $110 out of it for four hours of playing, which is OK, though hardly spectacular.
Anyway, because of this recent string of success in Bodog tournaments, I had asked to cash out some of my winnings. I got the check in the mail today. I was amused to see that my Bodog account number was listed as "Employee ID," and both the check and the stub have printed on them, "Payment for Marketing Services Rendered."
I didn't even know that I had done any marketing for them! I thought I had just won some tournaments.
Monday, August 09, 2010
Little white lies
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6 comments:
When the IRS scan through your accounting records be sure to delete this post before they get to your blog.
Seriously though...how do these guys who make 3 figures a year report this?
Expect a 1099.
you did post about them on the blog, so I guess you did "technically" advertise for them
But THEY don't know that!
Actually, I'd be surprised if you got a 1099-G.
I'm guessing the stuff written on there was to make it more likely you can cash the check without it looking like it came from a gaming site.
I agree. But it doesn't matter to me anyway, since I declare what I make.
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