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The Chip Board Archive 18

Haadn't thought about that distinction

I generally only play in Invitational tournaments in which I risk nothing, so casino cash isn't gambling income (no W2G). Hadn't thought about the difference from tournaments that require a buy-in from the player.

Why do you suppose the IRS taxes a gift from a casino, and not a give from a relative?

Messages In This Thread

Gambling and income tax time
Re: Gambling and income tax time
Re: Gambling and income tax time
Haadn't thought about that distinction
Re: from a relative?
1099 & W-2G income!
I got one from my bank...
Re: Gambling and income tax time

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