Yes, The witholding driven by a high MAGI that increases Medicare B & D premiums that results in reduced SS payments. Jim
On Wednesday, December 31, 2014 4:07 AM, "vpbp2002@yahoo.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:
Once you are retired from your primary job you should have no problem filing Schedule C as a professional gambler (your part time job) This eliminates the issue as all W2G's and netted out with losses on Schedule C before it is carried over as Gross Income on form 1040. . 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Posted by: Jim Engstrom <jimengstrom1@yahoo.com>
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