[vpFREE] Re: gambling taxes

--- In vpFREE@yahoogroups.com, "Harry Porter" <harry.porter@...> wrote:
>
> > >Robert Pickett wrote:
> > >slot players are turned in for anything above $1199.99.
>
> nightoftheiguana2000 wrote:
> > Ummmm, below $1199.99 is "turned in" also. There's no W2G, but the
> > data is "turned in".
>
>
> You're not suggesting "turned in" in the sense of reported to the IRS,
> are you? (You want to explain what you mean specifically?)

Ummmm, yeah, I'm suggesting that, but I will decline to add details.
You're not suggesting that the IRS only knows about W2G and 1099 and
CTR's and other paper reportable wins?

Basically, the IRS has already done your taxes for you, whether or not
you get audited depends on the differences between their numbers and
the ones you submit ... and other factors.

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