Cashback is not a reportable requirement unless it's accompanied by a 1099--which I've never seen. Been told that in 3 IRS audits.
Sent from my Verizon Wireless 4GLTE smartphone
----- Reply message -----
From: "savorvpx" <savorvpx@yahoo.com>
To: <vpfree@yahoogroups.com>
Subject: [vpFREE] Re: Trespass at Casino Montelago
Date: Mon, Oct 24, 2011 4:49 pm
--- In vpFREE@yahoogroups.com, "mike" <melbedewy1226@...> wrote:
>
> Absurd.
> Another lesson for others on why not to let points,
> CB or anything else accumulate to large amounts.
Don't worry, I'm pretty sure this guy will be able to get his $2500 cashback.
FYI There are tax advantages in deciding what year to take cashback.
And sometimes I wonder why casinos put in high limit games if they don't really want people to play them.
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