Monday, March 30, 2009

Re: [vpFREE] Re: What about 1099-MISC Gambling Income

<<I don't consider a 1099 win a gambling win, and I don't think the IRS does
either. >>

Many of us DO count our 1099s as part of our gambling wins because they are
for drawings or tournaments that are directly dependent or related to our
gambling. Sometimes the IRS will send a letter audit about this, but almost
always are satisfied when you tell them what I put in this first sentence.
________________
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://lasvegasadvisor.com/blogs/jscott/

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