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#1
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#2
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"Gambling winnings are taxable on your tax return. You can deduct gambling losses on your tax return only if you itemize tax deductions and only to the extent of your gambling winnings. Claim your gambling losses as a miscellaneous tax deduction on Schedule A of Form 1040. It is important to keep an accurate diary or similar record of your gambling winnings and gambling losses. To deduct your gambling losses on your tax return, you must be able to provide receipts, tickets, statements or other records that show the amount of both your gambling winnings and gambling losses. You cannot deduct or carry forward a net gambling loss on your tax return; even if you are a professional gambler." |
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#4
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![]() Ralphie narrates as adult -- [After Mother breaks the Old Man's Major Award, and he is unsuccessful at repairing it] "With as much dignity as he could muster, the Old Man gathered up the sad remains of his shattered Major Award. Later that night, alone in the backyard, he buried it next to the garage. Now I could never be sure, but I thought that I heard the sound of "Taps" being played. Gently."
If someone playing "Taps" at TVG yet?
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@wire2wirewin Turf Economist since 1974 |