Reporting Gambling Expenses to the IRS

**boneprone** · 08-10-2004, 11:38 AM

Boneprone IS BACK!

**boneprone** · 08-10-2004, 11:39 AM

Last April my accountant gave me the phone number to gamblers annomous.

That after seeing the 38k in gambling "expenses"..

Glad i never called em or id be down 1500.00 for 2004.

**pornstar2pac** · 08-10-2004, 11:43 AM

Originally posted by boneprone
Wondering if anyone else reports gambling expenses and income to the IRS here.

I just got done doing my mid season internal tax audit and Im up over 1500.00

Not bad for a "bad year" I was scared thinking I was down a few k. But Im actually up.

Why should I quit??

2003 I was in the Green and 2004 im in the green.

Fuck it, im getting off the wagon.

perfect time. NFL is starting. when you want to start the 1-900-BP4Lpicks

let me know

**NoCarrier** · 08-10-2004, 11:45 AM

Originally posted by pornstar2pac
perfect time. NFL is starting. when you want to start the 1-900-BP4Lpicks

let me know

Damn.. Boneprone is doomed.

**boneprone** · 08-10-2004, 11:45 AM

Originally posted by pornstar2pac
perfect time. NFL is starting. when you want to start the 1-900-BP4Lpicks

let me know

im ready if you are serious.

**NoCarrier** · 08-10-2004, 11:45 AM

Boneprone, do you want to bet 50$ that you will never bet again?

**boneprone** · 08-10-2004, 11:48 AM

Winnings 2004 so far: $16,000.85

Deposits 2004 so far: $14,682.66

**boneprone** · 08-10-2004, 11:49 AM

hmmm. its a 1300.00 profit.

Not "over 1500.00" as i said to start the post.

Damn gamblers math!!!

**JasonB** · 08-10-2004, 11:52 AM

Yeah, i've reported them before & didnt have a prob.

**lazycash** · 08-10-2004, 11:59 AM

You'll be fine Bone, just do a few bets here and there and for God sakes, don't bet on the Blazers.

**BradM** · 08-10-2004, 12:00 PM

Hahaha gamblers math I hear you dude

**doober** · 08-10-2004, 12:12 PM

Originally posted by BradM
Hahaha gamblers math I hear you dude

**MetaMan** · 08-10-2004, 12:22 PM

i have been getting fucked up on net gambling, i need NFL to start so i can make some REAL bets.

thank god for nfl season ;)

**volante** · 08-10-2004, 12:24 PM

One of the few good reasons to live in England - income from gambling is tax free

**MetaMan** · 08-10-2004, 12:28 PM

Originally posted by volante
One of the few good reasons to live in England - income from gambling is tax free

also in Canada ;)

XP · 08-10-2004, 12:48 PM

Originally posted by boneprone
Last April my accountant gave me the phone number to gamblers annomous.

That after seeing the 38k in gambling "expenses"..

Glad i never called em or id be down 1500.00 for 2004.

Where the hell were you man? Contact with me & Cihan ASAP.
We're in danger! We need to use Mafia Force!

**boneprone** · 08-10-2004, 05:27 PM

Originally posted by XP
Where the hell were you man? Contact with me & Cihan ASAP.
We're in danger! We need to use Mafia Force!

**boneprone** · 08-10-2004, 05:28 PM

Im in Vegas man! I told you id be on holiday for 4 days.

Ill be home tomorrow evening dude.

My icq is now on.

Sent Cihan a message.

**slapass** · 08-10-2004, 05:33 PM

Originally posted by boneprone
Wondering if anyone else reports gambling expenses and income to the IRS here.

I just got done doing my mid season internal tax audit and Im up over 1500.00

Not bad for a "bad year" I was scared thinking I was down a few k. But Im actually up.

Why should I quit??

2003 I was in the Green and 2004 im in the green.

Fuck it, im getting off the wagon.

Yeah, I bet you are almost making as much as a Micky D's job.

**Theo** · 08-10-2004, 05:36 PM

i dont see you online on icq
im gonna flood you with sportsbook links

**pure energy** · 08-10-2004, 05:46 PM

Don't quit, man. Next year may be the BREAKTHROUGH year for ya.

**Lace** · 08-10-2004, 06:02 PM

Can't wait for football season to start!!

WOo!! Hopefully I can win some money this year

Reporting Gambling Expenses to the IRS

Reporting Gambling Expenses to the IRS

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