You may not have reported the W2G's but the IRS has them from the casinos. You may be on thin ice.
--- In vpFREE@yahoogroups.com, "Robert" <stuckinvegas@...> wrote:
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> --- In vpFREE@yahoogroups.com, "rob.singer1111@..." <rob.singer1111@> wrote:
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> > I do not understand why so many people fear W2G's. The more the better and the more jackpots the better. Isn't that really the name of the game in video poker?
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> > More concerning to me would be playing for points & slot club status than playing for as many W2G's as possible.
> >
> >
> > ----- Reply message -----
> > From: "carolm60656" <karolam@>
> >
> > I really like the Horseshoe and probably will be mid diamond by years end. I have to be careful about W-2's. On social security and husband pension and I do not want to have to pay extra for medicare,real estate taxes, etc. And since I am from Illinois, Indiana takes out almost 4 percent tax that I do not see as I am not a professional gambler and cannot file as such. In total I had few 4/kinds and no 4 deuces. Lost about $800 but 2 years ago won a total of $14,000 w2's which put us over the limit for some real estate exemptions.
> >
> I haven't filed a W2g forever and I've never been audited because of it. You people worry too much about being audited. Take my route and never report your winnings.
>
