Tax question?

[5MilesBack]

I haven't been in a Casino in years, but in the past even on larger winnings they didn't even know my name. I remember one crazy night at the Mirage, my buddy and I got on a craps table at about 8pm.......and when we finally decided to leave it, it was daylight out. That table was rocking for hours. There were people standing in line trying to get on it.

 

[fwafwow]

What’s the question?

 

[Hnthrdr]

I haven't been in a Casino in years, but in the past even on larger winnings they didn't even know my name. I remember one crazy night at the Mirage, my buddy and I got on a craps table at about 8pm.......and when we finally decided to leave it, it was daylight out. That table was rocking for hours. There were people standing in line trying to get on it.

Yeah last I checked they don’t take your name and SSN when you cash out chips…

 

[Cynoscion]

On gambling winnings and/or losses:

https://www.irs.gov/pub/irs-utl/OC-Knowthefiveimportanttipsongamblingincomeandlosses-FINAL.pdf

 

[maxx075]

I love how this thread keeps continuing and OP has straight up ghosted it lol

 

[Ucsdryder]

I love how this thread keeps continuing and OP has straight up ghosted it lol

Oh I’m still here. Waiting for Newberg to offer help.

Not really wanting to broadcast my tax situation (not a bad thing) to the MHG.

 

[Drenalin]

Oh I’m still here. Waiting for Newberg to offer help.

Not really wanting to broadcast my tax situation (not a bad thing) to the MHG.

You know the MHG just makes up facts that result in the best memes, right?

 

[fwafwow]

Oh I’m still here. Waiting for Newberg to offer help.

Not really wanting to broadcast my tax situation (not a bad thing) to the MHG.

I’m not sure how you can get help without sharing the question. In absence of you doing so, my suggestion is to use TurboTax. It’s surprisingly good even in some very complex situations.

 

[Dos Perros]

Tax is theft and if you pay any then you're complicit.

 

[Axlrod]

I think the threshold at a casino is $5,000?

No

What triggers W-2G forms for gambling taxes

 

[eye_zick]

Your subscriptions to onlyfans accounts are not tax write offs.

I deduct mine. That's market research man.

 

[BRTreedogs]

Oh I’m still here. Waiting for Newberg to offer help.

Not really wanting to broadcast my tax situation (not a bad thing) to the MHG.

So you are waiting on a pm?

 

[The_Jim]

My wife is a CPA but she stopped working at her tax firm 9 years ago to stay home with kids - I can run it by her but just know your getting what you paid for

EDIT: I should be careful - she was a really good accountant but that was 9 years ago and the tax code changes every year...

 

[Ucsdryder]

So you are waiting on a pm?

I found someone to help me!

 

[BRTreedogs]

I found someone to help me!

Dude

Gave us a case of the blue b****

 

[Ucsdryder]

Dude

Gave us a case of the blue b****

It wasn’t that exciting, its taxes!

 

[BRTreedogs]

It wasn’t that exciting, its taxes!

I broke even this year.

Hallelujah