Thread: Money Investing megathread extravaganza
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Old 07-13-2017, 07:14 PM   #1074
O.city O.city is online now
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Join Date: Jul 2009
Casino cash: $-525936
Quote:
Originally Posted by Buehler445 View Post


Holy hell man.

https://www.efile.com/taxable-gambli...-income-taxes/

Looks like it is just a flat 25% tax.

This link says you can only deduct losses if you itemize.

Personally, I'd just stick it in a savings account until tax time.

No W-2 G, I wouldn't report it.
It was the craziest shit I've ever seen.

Was up 2 grand thru Saturday, then sat night sat at the blackjack table with 1000, 100 dollars a hand minimum. Played about 1.5 hours and got to noticing my stack was getting a little bigger as I started betting more.

Colored up and had 8k
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