FanDuel

[StickerMann]

I have a question, I know all winnings on Fanduel are taxable. I read anything over $600 they'll send you out like a 1099 form or whatever. I havent played fanduel since last football season but I thought bout joining your guys fun, on my history on my FD, my winnings are around $576 but I have never cashed at any point because I'm so inconsistent. My question if I hit over the 600 on FD is that when they'll send me the tax form or only win I cash out over 600?

 

Sorry, I hit kinda big on the derby a few years back and seem like a headache when tax time rolled around just trying to make sense of this.

 

Guessing it's like horse racing, casinos, etc. You'd have to cash a single bet for over 300-1 (i.e. a $2.00 league where you cash for over $602 for that bet only) Pretty sure you can win countless $$'s with no tax consequence if none are over 300-1 on a single bet. Regardless, you can always claim losses up to the winning amount you are being taxed for and nullify the tax implications.

[NEERFAN]

It's almost time boys. This will be fun.

[HammerTime]

^ Too bad we didn't have any Thursday players but I have other games going. Can't wait - Bart Scott

[rjs4470]

Are we going to go again this week??

[PurplePride92]

We better!!!!

[HammerTime]

I forget whose name is who but I hope you entered that lineup in a few other things. It should have cashed in pretty much everything.

[HammerTime]

I'll give others another chance. Does anyone else want in?

[HammerTime]

I'll give others another chance. Does anyone else want in?

@D-Rob ?

[HammerTime]

If we have 6 or more 2nd place will get paid out something.

[Bengal Maniac]

PM me HT, I might do it. I have a Fanduel account. Is this through it?

[HammerTime]

PM me HT, I might do it. I have a Fanduel account. Is this through it?

 

Yes, got your PM. $5 tourney for probably 5-8 people. Sunday/Monday lineups only.

[rjs4470]

I forget whose name is who but I hope you entered that lineup in a few other things. It should have cashed in pretty much everything.

 

That was me!! I had it with a few small changes, like at kicker in two other larger events. I won $2 in one, and didn't cash in another. I thought Julio Jones was going to beat me after that big first half, but my Bradford/Matthews stack ended up with a decent night. If Matthews had scored that touchdown instead of getting pushed out inside the one, I could have won some decent money in my other games.

[HammerTime]

^ I had Bradford/Matthews stack as well. I would have cashed in the $25 tourney if he would have got that TD.

[Bengal Maniac]

Yes, got your PM. $5 tourney for probably 5-8 people. Sunday/Monday lineups only.

 

Give me the specifics on how to get into the group. I just started last week, so I am new to this. I loved it, though. Broke even so I guess that is ok. I found myself just much more attuned than other leagues.

[D-Rob]

I'll give others another chance. Does anyone else want in?

@D-Rob ?

Yes I want in.