IRS to Hatch: Survive This!

NYMINUTE

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NEW YORK (CNN/Money) - Richard Hatch, the first winner of hit TV reality show "Survivor," has been charged with filing false tax returns, the office of the U.S. Attorney for Rhode Island announced Tuesday. <br /><br />The office said Hatch filed a false income tax return that omitted more than $1 million he received for winning the first season of "Survivor." Hatch was also charged with failing to report approximately $321,000 paid to him by a Boston radio station. <br /><br />According to a statement, the production company behind the hit CBS show paid Hatch $10,000 in August 2000 for appearing on the final episode of the first season and $1,000,000 after being declared the winner. <br /><br />The district attorney's office alleged that, in November 2002, Hatch filed a false personal income tax return for the 2000 tax year by failing to report the $1,010,000 paid to him by the production company, Survivor Entertainment Group. <br /><br />In addition, the district attorney's office said that Hatch was paid by a Boston radio station WQSX-FM for co-hosting its radio program "The Wilde Show." But he allegedly failed to report the $321,139 that the radio station paid to him for his appearances.
 

Boomyal

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Re: IRS to Hatch: Survive This!

I thought these big awards had a mandatory withholding associated with them. Regardless, the payer would have filled a 1099 on him. How can someone so dumb......aaarghh!!!
 

gaugeguy

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Re: IRS to Hatch: Survive This!

He'll fit right in in the big house. Hard core prisoners just love to see naked gay men running around.
 

NYMINUTE

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Re: IRS to Hatch: Survive This!

Originally posted by gaugeguy:<br /> He'll fit right in in the big house. Hard core prisoners just love to see naked gay men running around.
Hope he has his shots
210.gif
 
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DJ

Guest
Re: IRS to Hatch: Survive This!

Oops. He forgot about that nasty little man from the IRS. <br /><br />They're (IRS) are actually going to take their cut from his paycheck, instead of a "withholding" like the rest of us deal with/forget about. <br /><br />He/I see the big picture. That picuture is: withdraw from the masses until they figure it out. <br /><br />Some of us have and we're damned tired of it.
 
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DJ

Guest
Re: IRS to Hatch: Survive This!

dupe. Sorry, What's going on here?
 

jtexas

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Re: IRS to Hatch: Survive This!

Originally posted by Boomyal:<br /> I thought these big awards had a mandatory withholding associated with them. Regardless, the payer would have filled a 1099 on him. How can someone so dumb......aaarghh!!!
If there was withholding, and if it was sufficient to cover the tax liability from the award, then ignoring both the income and the withholding wouldn't result in an underpayment. But the radio people probably didn't withhold, and that would probably have been subject to social security self-employment tax at 15.3% on top of the income tax.<br /><br />But they don't usually file criminal charges unless you ignore their civil procedures. That would make this joker an extreme idiot.<br /><br />Haven't you ever got any of those nice little notices that said something like "Dear Taxpayer, according to our records, you owe us $425,000 plus $250,000 in penalties & interest, pay now or else. Have a nice day."
 

Boomyal

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Re: IRS to Hatch: Survive This!

Originally posted by jtexas:<br /> and that would probably have been subject to social security self-employment tax at 15.3% on top of the income tax.[/QB]
...as to whether this award was subject to self-employment tax depends on whether it was considered 'earned' income. ie wages. Non wage income is not subject to the above tax.<br /><br />Either way, the guy must have been havin so much fun, he just forgot. Right?
 

roscoe

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Re: IRS to Hatch: Survive This!

If he only would have stayed on that little island near Belize, he would have been ok. :)
 

magster65

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Re: IRS to Hatch: Survive This!

C'mon now, maybe he forgot about that income :)
 

12Footer

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Re: IRS to Hatch: Survive This!

Kind of reminds me of when Oprah gave away all those cars. The winners were shocked to learn they had to come up with $2000 to fork-over to the government.<br />Then again, some people go thru thier whole life, never realizing how much the govt takes even before they get thier paychecks. Sad but true.<br />It's a real shocker to them when they do tho.
 
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