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  #18 (permalink)  
Old Sun Mar 30, 2003, 09:42pm
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Join Date: Aug 1999
Posts: 18,203
Quote:
Originally posted by Nevadaref
$35 a game/hour is pretty good, but you must remember that with bd. 12 you lose 11% of that off the top to the assignor fee and then you must pay taxes (income and self-employment social security) on the rest because those games are run through the association and paid by check and they give you a 10-99 at the end of the year.
Put that up against what we have out here, which is $25 per game/hour cash. It probably is about even in the end. Just don't let the bigger initial number trick you.
The tax implications are teh same, whether you get a 1099 or not. IT's all income.

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