Re: [vpFREE] Re: gambling loss deductions broadened under new tax law

 

It's hard to know which "gambling experts", if any, you should trust. Can you trust anyone who gambles? It seems like they're all lowlifes or hustlers or druggies, or luck buckets like Dan Bilzerian. Would you let your daughter marry a gambler? Seriously? Anyway, for what it's worth, in my opinion, if you buy one book, you need to buy Scott's "Tax Help for Gamblers", latest edition with updates by Russell Fox. I don't get any kickbacks for saying that. But if you don't buy and study this book hard, you're going to lose at taxes. Actually, I'm surprised that Dancer doesn't teach a class in gambling taxes at South Point. That should be the first class.

__._,_.___
Posted by: nightoftheiguana2000@yahoo.com
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (11)
Have you tried the highest rated email app?
With 4.5 stars in iTunes, the Yahoo Mail app is the highest rated email app on the market. What are you waiting for? Now you can access all your inboxes (Gmail, Outlook, AOL and more) in one place. Never delete an email again with 1000GB of free cloud storage.

SPONSORED LINKS
.

__,_._,___

[vpFREE] Vegas Values - 21 APR 2019

 

Vegas Values - 21 APR 2019

https://www.americancasinoguide.com/vegas-values/vegas-values-report-4-21-19-the-best-las-vegas-casino-promotions.html

or

http://tinyurl.com/y3tfpu56

or

<a href="http://tinyurl.com/y3tfpu56">
http://tinyurl.com/y3tfpu56</a>

*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************

__._,_.___
Posted by: vpFREE3355 <vpFREE3355@gmail.com>
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (1)
Have you tried the highest rated email app?
With 4.5 stars in iTunes, the Yahoo Mail app is the highest rated email app on the market. What are you waiting for? Now you can access all your inboxes (Gmail, Outlook, AOL and more) in one place. Never delete an email again with 1000GB of free cloud storage.

SPONSORED LINKS
.

__,_._,___

Re: [vpFREE] Re: gambling loss deductions broadened under new tax law

 

lol, in retrospect I guess I was beating around the bush a bit.   Jean put it much more succinctly!


--Dunbar


---In vpFREE@yahoogroups.com, <queenofcomps@...> wrote :

This article should be completely ignored - full of outdated, incomplete, poor-explained, and downright incorrect information. 

On April 19, 2019 at 11:06 AM "h_dunbar@... [vpFREE]" <vpFREE@yahoogroups.com> wrote:

 

The article claims that "losses" deducted on Sch A can now include gambling expenses.   I looked for an independent confirmation of that, but couldn't find one.    So I'm dubious, especially considering that the new tax law is MORE restrictive on the usefulness of expenses for those filing Sch C.   Namely, it's no longer possible to deduct the part of a yearly net loss that's due to expenses from your other income.


The author of the article is described as a "free lance writer".   I don't think he's a CPA.

--Dunbar

---In vpFREE@yahoogroups.com, <irdd@...> wrote :

here's a link to your article...

  

__._,_.___
Posted by: h_dunbar@hotmail.com
Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (10)
Have you tried the highest rated email app?
With 4.5 stars in iTunes, the Yahoo Mail app is the highest rated email app on the market. What are you waiting for? Now you can access all your inboxes (Gmail, Outlook, AOL and more) in one place. Never delete an email again with 1000GB of free cloud storage.

SPONSORED LINKS
.

__,_._,___
Subscribe to: Posts (Atom)