1. If you withdraw from FanDuel on December 31st and it appears in your bank account January 1st, which tax year does it apply to?
2. What are the pros and cons of depositing with your bank account vs debit card?
I usually use my debit card, but had to cancel my debit card after my Instacart account got hacked. So I was able to deposit with my bank account until I got my new debit card.
Appreciate any info.
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To remove first post, remove entire topic.
1. If you withdraw from FanDuel on December 31st and it appears in your bank account January 1st, which tax year does it apply to?
2. What are the pros and cons of depositing with your bank account vs debit card?
I usually use my debit card, but had to cancel my debit card after my Instacart account got hacked. So I was able to deposit with my bank account until I got my new debit card.
2) It’s pretty much the same thing. Only thing is debit card deposits take the money out your account right away. Sometimes the ACH bank option takes a few hours or up to a day.
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1) it would apply to 2023
2) It’s pretty much the same thing. Only thing is debit card deposits take the money out your account right away. Sometimes the ACH bank option takes a few hours or up to a day.
2 cents: I found out the hard way that taxes (fed and state -depending on which state you live in) are based on "date won" not date received. Bank account seems to work fine for me. Most banks are usually happy to open a separate account in addition to your other accounts to help you keep track...
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2 cents: I found out the hard way that taxes (fed and state -depending on which state you live in) are based on "date won" not date received. Bank account seems to work fine for me. Most banks are usually happy to open a separate account in addition to your other accounts to help you keep track...
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