---In vpFREE@yahoogroups.com, <bobbartop@...> wrote :
W-2Gs or not, you're supposed to pay income tax on income. Playing for stakes that does not generate a W-2G is not an excuse to avoid reporting profit.
True, but recall that what's at issue is the requirement to report W-2G's as gross winnings, even in absence of a net casino win, for those without sufficient deductions to warrant filing a Sch-A (not avoiding income tax on actual net winnings).
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Posted by: harry.porter@verizon.net
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