Harry wrote:
> Bear in mind, I earlier qualified myself as "not an expert". (And, with your background, Jim, if you posed a challenge to my opinion, I'd sit up and take notice.)
>
>I'm inclined to defer to the likes of Marissa Chen, EA (to whom Jean Scott has previously referred us and with whom Jean co-authored the tax guide "Tax Help for Gamblers").
>
>In 2008, I offered up the following post on the subject of tax treatment of FSP/cb:
>
>https://groups.yahoo.com/neo/groups/vpFREE/conversations/messages/89326
I was audited a long time ago and had significant cash back from one
casino. They focused on that, said they'd investigate it in detail,
and at least implied that if there were any discrepancies in that,
they'd expand their investigation to look for other similar
discrepancies. I had no idea, before or since, that it might not be
taxable.
Posted by: 007 <007@embarqmail.com>
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