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.

Boneprone IS BACK!

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.

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


let me know

Damn.. Boneprone is doomed. :1orglaugh

im ready if you are serious.

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

Winnings 2004 so far: $16,000.85

Deposits 2004 so far: $14,682.66

hmmm. its a 1300.00 profit.

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

Damn gamblers math!!!

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

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

Hahaha gamblers math I hear you dude

:Graucho

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 ;)

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

also in Canada ;)

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

:eek7

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.

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

:winkwink:

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

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

Can't wait for football season to start!!

WOo!! Hopefully I can win some money this year :Graucho