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04-16-2020, 01:57 PM
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#1
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Upgraded Female Account
User ID: 498994
Join Date: Jul 8, 2019
Location: Atlanta, Kansas City, Omaha, Des Moines, Dallas, St. Louis, Grand Rapids, Houston , OKC, Tulsa
Posts: 838
My ECCIE Reviews
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Professional gamblers allowed to collect unemployment? Possibly
https://www.marketwatch.com/story/pr...ent-2020-04-16
Don't know of their success rate but according to the CARES ACT a lot of people who normally would not be able to collect unemployment are certainly eligible now
As always you are welcome to fact check as I don't know how credible this is. I just know unemployment rules are pretty loose right now.
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04-16-2020, 02:07 PM
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#2
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Valued Poster
Join Date: Jul 26, 2013
Location: Railroad Tracks, other side thereof
Posts: 6,810
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Take a gamble
Quote:
Originally Posted by Sienna91
...Don't know of their success rate but...
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Take a gamble I guess. Generally, you can't write-off losses on gambling greater than your reported winnings with the IRS. You can gamble that they won't look back but that seems like trying to guess how many stitches Nancy Pelosi has received for her many face lifts over the years. Plus, I'm pretty sure the CARES act has the IRS doing a look-back next year. The unemployment would be on a per State basis. So roll the dice if ya wanna bet that both your State and IRS agencies won't be auditing things a year from now.
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04-16-2020, 02:16 PM
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#3
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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My former multimillionaire friend who drives Uber says he can't file for unemployment nor get a small business loan even though his ride count has cratered.
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04-16-2020, 02:46 PM
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#4
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Lifetime Premium Access
Join Date: Dec 12, 2009
Location: Texas
Posts: 3,874
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So is he a former friend or a former millionaire, or both?
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04-16-2020, 02:48 PM
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#5
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Lifetime Premium Access
Join Date: Dec 12, 2009
Location: Texas
Posts: 3,874
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I doubt gamblers can get unemployment because I doubt they pay the state or fed unemployment tax.
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04-16-2020, 03:23 PM
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#6
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Upgraded Female Account
User ID: 498994
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I just heard today that the small business loan portion has ran out
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04-16-2020, 03:25 PM
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#7
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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Quote:
Originally Posted by Budman
So is he a former friend or a former millionaire, or both?
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Are you are former English teacher?
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04-16-2020, 03:27 PM
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#8
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Lifetime Premium Access
Join Date: Dec 12, 2009
Location: Texas
Posts: 3,874
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Fuck no. I hated school.
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04-16-2020, 03:30 PM
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#9
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BANNED
Join Date: Jan 8, 2010
Location: The MAGA Zone
Posts: 35,624
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Quote:
Originally Posted by gnadfly
My former multimillionaire friend who drives Uber says he can't file for unemployment nor get a small business loan even though his ride count has cratered.
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how did he get it then lose it?
get a big inheritance then blow it?
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04-16-2020, 04:57 PM
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#10
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Premium Access
Join Date: Jan 9, 2010
Location: Nuclear Wasteland BBS, New Orleans, LA, USA
Posts: 31,921
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Quote:
Originally Posted by gnadfly
My former multimillionaire friend who drives Uber says he can't file for unemployment nor get a small business loan even though his ride count has cratered.
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Quote:
Originally Posted by Budman
So is he a former friend or a former millionaire, or both?
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Quote:
Originally Posted by The_Waco_Kid
how did he get it then lose it?
get a big inheritance then blow it?
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former multimillionaire driving uber????
that's rich!
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04-16-2020, 09:26 PM
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#11
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BANNED
Join Date: May 5, 2013
Location: Phnom Penh, Cambodia
Posts: 36,100
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Quote:
Originally Posted by Budman
I doubt gamblers can get unemployment because I doubt they pay the state or fed unemployment tax.
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paying into unemployment has nothing to do with it, under the CARES ACT.. that's the whole point, people who normally could not qualify for unemployment now can. hence the title of this thread.
Quote:
Originally Posted by dilbert firestorm
former multimillionaire driving uber????
that's rich!
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I know a Guy who drove Uber last year, and is a multi-millionaire.. his money is from overseas, where he owns hotels and condominiums. money unknown to the Feds here.. he drives to make it look like he has an "occupation".. makes little money, and a cursory examination of his tax return would reveal hidden money. his mortgage and property taxes exceed his "income" by 300%.. so much for the "lifestyle audits" we hear the IRS does on occasion.
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04-16-2020, 09:30 PM
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#12
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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Quote:
Originally Posted by The_Waco_Kid
how did he get it then lose it?
get a big inheritance then blow it?
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He built high end spec homes and went broke during the housing bubble. I feel for the guy. Whenever he had money he was always treating his friends well. Now he can't find a decent job because of his age.
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04-16-2020, 10:05 PM
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#13
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Valued Poster
Join Date: Mar 4, 2019
Location: In the valley
Posts: 10,466
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Quote:
Originally Posted by Chung Tran
paying into unemployment has nothing to do with it, under the CARES ACT.. that's the whole point, people who normally could not qualify for unemployment now can. hence the title of this thread.
I know a Guy who drove Uber last year, and is a multi-millionaire.. his money is from overseas, where he owns hotels and condominiums. money unknown to the Feds here.. he drives to make it look like he has an "occupation".. makes little money, and a cursory examination of his tax return would reveal hidden money. his mortgage and property taxes exceed his "income" by 300%.. so much for the "lifestyle audits" we hear the IRS does on occasion.
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After this shit is over if it ever will be. There won't be a "Care Act" it will morph into a "Sorry Motherfucker Act". Anything the Government does with "Act" at the end is just what it is, a big fucking act.
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