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Reporting Gambling Expenses to the IRS Reporting Gambling Expenses to the IRS
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Old 08-10-2004, 12:37 PM   #1
boneprone
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Reporting Gambling Expenses to the IRS
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.
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Old 08-10-2004, 12:38 PM   #2
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Boneprone IS BACK!
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Old 08-10-2004, 12:39 PM   #3
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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.
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Old 08-10-2004, 12:43 PM   #4
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Quote:
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
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Old 08-10-2004, 12:45 PM   #5
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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.
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Old 08-10-2004, 12:45 PM   #6
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perfect time. NFL is starting. when you want to start the 1-900-BP4Lpicks


let me know
im ready if you are serious.
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Old 08-10-2004, 12:45 PM   #7
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Boneprone, do you want to bet 50$ that you will never bet again?
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Old 08-10-2004, 12:48 PM   #8
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Winnings 2004 so far: $16,000.85

Deposits 2004 so far: $14,682.66
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Old 08-10-2004, 12:49 PM   #9
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hmmm. its a 1300.00 profit.

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

Damn gamblers math!!!
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Old 08-10-2004, 12:52 PM   #10
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Yeah, i've reported them before & didnt have a prob.
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Old 08-10-2004, 12:59 PM   #11
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You'll be fine Bone, just do a few bets here and there and for God sakes, don't bet on the Blazers.
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Old 08-10-2004, 01:00 PM   #12
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Hahaha gamblers math I hear you dude
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Old 08-10-2004, 01:12 PM   #13
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Hahaha gamblers math I hear you dude
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Old 08-10-2004, 01:22 PM   #14
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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 ;)
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Old 08-10-2004, 01:24 PM   #15
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One of the few good reasons to live in England - income from gambling is tax free
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Old 08-10-2004, 01:28 PM   #16
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One of the few good reasons to live in England - income from gambling is tax free
also in Canada ;)
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Old 08-10-2004, 01:48 PM   #17
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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!
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Old 08-10-2004, 06:27 PM   #18
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Where the hell were you man? Contact with me & Cihan ASAP.
We're in danger! We need to use Mafia Force!
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Old 08-10-2004, 06:28 PM   #19
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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.
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Old 08-10-2004, 06:33 PM   #20
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Quote:
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.
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Old 08-10-2004, 06:36 PM   #21
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i dont see you online on icq
im gonna flood you with sportsbook links
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Old 08-10-2004, 06:46 PM   #22
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Don't quit, man. Next year may be the BREAKTHROUGH year for ya.
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Old 08-10-2004, 07:02 PM   #23
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Can't wait for football season to start!!

WOo!! Hopefully I can win some money this year
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