What are the implications of a real-dollar auction house?

Reader Comments (Page 1 of 1)

8-02-2011 @ 5:14PM

philip.walpole said...

@Pyromelter@Daedalus

I read on wowhead news that though you will be able to add a third-party account to your Battle.net "wallet", the two do not interact. When you sell an item in the D3 auction house, you will be given a choice of depositing the money into your third-party account or Battle.net "wallet". You will not be able to transfer funds from your "wallet" to your third-party account. There will also be fees for depositing into your third-party account and most likely fees from your third-party account for the transaction.

Thought I'm not a tax specialist, I imagine this type of income would fall under some tax laws - much like money gained through freelance work or maybe significant sales on sites like ebay. If you plan on using the currency-based D3 AH, you may want to brush up on tax laws pertaining to these types of transactions (as mentioned in the article), else you may have the IRS auditing your accounts for income not reported on your tax return. FYI.

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