[vpFREE] Re: Horseshoe Hammond Downgrades

<<Although I don't know which ones are included, I know that Indiana is not the only state with a gross income tax that does not allow losses to be deducted from winnings; those states are all "net losing" video poker states, and for that matter, this is true for almost any game where winning and losing sessions occur and you can't / don't win enough to cover not only the losses but also to cover the taxes.  I'm not an expert, but I think if you qualify as a professional gambler, this MAY improve the situation.>>  I

 

I cover all these questions in my book Tax Help for Gamblers.  The state tax chapter includes a state-by-state list.

 

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Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
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