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I am under audit for 2016. Auditor is not allowing 100% of
I am under audit for 2016. Auditor is not allowing 100% of win/loss letters from casinos to offset income. … read more
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Me and my husband both are disabled and have it filed our
Me and my husband both are disabled and have it filed our taxes in three years we thought you didn't have to file your taxes. And we have won some money at the casino and I didn't think you had to cle… read more
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I won a total of $500000 at the casino in 2016 but I put
I won a total of $500000 at the casino in 2016 but I put back into the casino $500000 this would be the first year I am filling again the last time I filed was 20 years ago. Will they audit me for sur… read more
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Robin D.
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Vocational, Technical or Trade School
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Can Daily Fantasy sports losses (i.e. fan duel) be written
Can Daily Fantasy sports losses (i.e. fan duel) be written off against gambling winnings from a casino. I live in the state of NJ.… read more
Tax.appeal.168
Tax.appeal.168
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my questions is about gambling. I had a loss year but
my questions is about gambling. I had a loss for the year but my accountant has informed me that if I win 2000.00 at one casino and then go to another casino and lose it, I still have to claim it as a… read more
Stephen G.
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I won $2425.00 on a slot machine in 2014. the casino gave
I won $2425.00 on a slot machine in 2014. the casino gave me their form of a W2 so I can claim it on my taxes. however, a friend told me that if I ask the casino, they will give me my estimated losses… read more
Richard
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I PLAYED MANY ONLINE CASINO GAMES IN THE YEAR 2014 AT MANY
I PLAYED MANY ONLINE CASINO GAMES IN THE YEAR 2014 AT MANY ONLINE CASINOS, SOME USING CASINO ‘FREE BONUSES', SOME WHERE I DEPOSITED MONEY, AND SOME WHERE A BONUS WAS ADDED TO THE AMOUNT DEPOSITED. THE… read more
Tax.appeal.168
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I have a question about gambling lost deduction on tax return.
I have a question about gambling lost deduction on tax return. 2014, I lost $6000 in cash in casino. my questions are 1) Can I deduct $6000 from my tax return as meals/entertainment or some other item… read more
Robin D.
Robin D.
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Vocational, Technical or Trade School
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MY WIFE WON A $12000 jackpot aT A CASINO LAST YEAR( WITH NO
MY WIFE WON A $12000 jackpot aT A CASINO LAST YEAR( WITH NO TAXES TAKEN OUT)- SHE LOST A TOTAL OF $35000 AT THE SAME CASINO! DOES THE LOSSES COVER THE WIN ON OUR TAXES?… read more
Megan C
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I wan a bad beat jackpot (aka Jumbo Jackpot) at a Station Casino
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Hello, I was told that if you are a non-U.S. resident, and
Hello, I was told that if you are a non-U.S. resident, and you played following casino games :Baccarat, Big 6 Wheel, Blackjack, Craps, Roulette, there are no federal tax witholding from IRS over your … read more
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Referring to gambling winnings. For example, if one has winnings
Referring to gambling winnings. For example, if one has winnings from Casino gambling, can they deduct losses from any other type of gambling to offset the declared gain?… read more
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I was told by the IRS Law Department (when I recently called
I was told by the IRS Law Department (when I recently called them with this question), that I could consider myself a "professional gambler" and file an amended tax return (1040X) for the year of 2008… read more
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I supplement my income from horse racing, both telephone accounts
I supplement my income from horse racing, both telephone accounts and bookmakers (high street and on the rails) plus casino winnings and private games of poker/cards on a regular basis. I am a member … read more
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Ive won over $40,000.00 in jackpots at the casino in the last
I've won over $40,000.00 in jackpots at the casino in the last few months with an option to have the taxes taken out there at the casino or to pay them later. My question is...do i have to pay taxes o… read more
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last year we won $1000 in scratch off. Now I have to file
last year we won $1000 in scratch off. Now I have to file and am told I have to use a 1040, have never filed on this, always do 1040A, I've read the 1040 and can't make heads or tails out of it, can y… read more
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If I have a Notice of Federal Tax Lien and win any money at
If I have a Notice of Federal Tax Lien and win any money at a casino, can the IRS demand the winnings be sent to them and not given to me?… read more
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Ive gotten letters from the IRS stating that I did
I''ve gotten letters from the IRS stating that I did not report all my gambling winnings in 2005 2006, and I owe them money. The IRS told me to file a revision with the proof of loss. Can I do this my… read more
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