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#225793 - 08/08/11 10:38 AM Re: Diablo 3 Auction House Announced - Spend and Earn [Re: MmBacon]
Nokiya Offline
old hand


Registered: 12/20/07
Posts: 707
Loc: St. Louis, MO
Wait wait wait? who said there is no single player? I haven't seen Anything that says there will be no single player.
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'The perfect date knows when to shut up. We're not doing like a movie or dinner, none of that BS. We're goin straight... to Heaven. We'll do a little small talk while we're... you know, gettin on the Action, like "What's your name?" "How much is this costing me?" "Are you gunna try to rip me off cause I've been ripped off before?" "I know where my wallet is, don't mess with it!"' -Carl

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#225794 - 08/08/11 10:58 AM Re: Diablo 3 Auction House Announced - Spend and Earn [Re: Nokiya]
Bareass Moderator Offline
Stunt Guy


Registered: 02/17/08
Posts: 3556
Loc: Lynchburg, VA
I believe he is referring to the "always connected" drm
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#227142 - 10/25/11 10:01 AM Re: Diablo 3 Auction House Announced - Spend and Earn [Re: Bareass]
Summerginger Offline
Summer's Eve


Registered: 04/11/10
Posts: 1241
Loc: Auction House (MTL, Canada)
This bursted my bubble. if i make 10K real dollars in 1 year but invest 9K to make it, you have to declare 10K for your income tax, but can't get a write off for the 9K!!! that sucks

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Adam Holisky, one of your stalwart editors here at WoW Insider, wanted to know about declaring income for the Diablo 3 auction house.

@adamholisky Am I going to need to declare the income (for tax purposes) off the D3 RMT AH if I make more than $650?
You will certainly need to report income that you make from the Diablo 3 auction house along standard auction site protocol. The most amazing (and probably pragmatic) secret about the Diablo 3 auction house is that it will most likely follow standard auction protocol via the eBay way. I documented this whole phenomenon in my Lawbringer article about the relationship between Blizzard and PayPal, which you should take another look at.

What fascinates me is how this all just works from a conceptual standpoint. It's so simple. Since Blizzard is only acting as the auction facilitator, its reporting responsibilities are much lower than if it were handling the money aspects. Things get a bit dicier when you start talking about realized income.

The very basic definition of realized income is income that you have earned and have available that has manifested benefit to you. When you put money that you have made from Diablo 3 into your "Battle.net Wallet" (or whatever Blizzard ends up calling it), you can then spend that money for real digital products. Is that money realized income even if you didn't get it in cash form?
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«They misunderestimated me.»

- George W Bush, Bentonville, Ark., (Nov. 6, 2000)

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#227148 - 10/25/11 01:38 PM Re: Diablo 3 Auction House Announced - Spend and Earn [Re: Summerginger]
Edelan Offline
Bear Bum


Registered: 02/25/08
Posts: 3027
Loc: Colorado
TL;DR version:

There are many many feds waiting to ram it in your taxhole.
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