Subject: Re: Thursday Chat 04.29.10 by BillH on 2010/4/30 0:01:21
Quote:
Matatk wrote: Quote:
BillH wrote:
One year, I had to put down $18,500 on Form 1040 as additional income cuse the stupid casinos send those little notes to the IRS. Think that was profit in the long term????
Hopefully you got your loss forms from your players card to offset that.
Form 1040, Additional Income, gambling - $18k
Form 1040,Schedule A, Misc.Expenses, gambling -$18k
