Posts tagged as:

gambling winnings

Best Night of Baseball Ever: You Can Bet on It

29 September 2011

So wow. I hope you stayed up last night – like I did – to catch those baseball games. And by those baseball games, I mean a set of four baseball games that made up what was possibly the greatest night in baseball regular league play. If you didn’t catch it, I highly recommend you [...]

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Ask the taxgirl: Gambling Winnings and Losses

18 January 2011

Taxpayer asks: I filed the 1040ez for 2009 and had gambling winnings of 2500.00. I got a notice from IRS that I owe an increase of 625.00. It was reported on a w-2g I did not file a sched. A. How can I report my gambling loss of up to 2500.00 Since I have already [...]

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Gambling on Super Bowl XLIV

7 February 2010

If you base it on the amount of screaming and jumping in my house alone, the most exciting moment in tonight’s Super Bowl coverage was Carrie Underwood singing the national anthem. But then, to my knowledge, neither Peyton Manning nor Drew Brees has appeared in an evening dress at the same event as Taylor Swift [...]

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Twitter Tax Tips #13

15 March 2009

Filling out those tourney brackets? Remember that your winnings (and all gambling winnings) are taxable! #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)

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A Fantastic Super Bowl Sunday? You Can Bet On it.

1 February 2009

There are a few things that we know for sure about today’s Super Bowl game: This year, no Manning will win the Super Bowl (thank goodness). The two quarterbacks who are playing in the big game (Warner and Roethlisberger) have not been particularly stellar throughout the regular season. Trust me. They were my fantasy football [...]

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Ask the taxgirl: Illegal Gambling Losses

22 January 2009

Taxpayer asks: Hello, I would like to ask some questions about tax evasion and honest mistakes: I am being looked into (audited) for tax evasion for 2006 where I failed to file tax returns for online poker winnings of about $60,000.00. I did not file these returns for the sole purpose that my losses outweighed [...]

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