Just curious if anyone was lucky enough to have to pay taxes on gambling wins from 2015?
I had a few hand pays that were more than offset by losses sadly... Just wondering how it works for those having to report a net win?
Are net wins taxed at a marginal rate? Again just curious as I've never been lucky enough to win more than I lost lol.
Hmm i haven't done mine yet. But I might be ahead for last year due to a few big wins
Hhh it's April 16th, you and my son sound alike waiting to the last minuteOriginally Posted by dvandentop
ExtensionHhh it's April 16th, you and my son sound alike waiting to the last minute
Sorry I remember you have your own business so your tax deadline might be differentHhh it's April 16th, you and my son sound alike waiting to the last minute
@clemi I had 3 HPs totaling $4100. I do not try to offset with losses cause I don't keep track. Based on my tax bracket I ended up paying in over $700 to Federal & $50 to the state.
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Not too bad Darrell
I had more then enough losses to offset my few big wins of last year.
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My W-2G's totaled to $172,783.32 $110,000 was at Foxwoods alone..
I certainly had my fair share of losses as well to help offset my wins.. Bottom line, let's just say BigD is fucked this year.. Taking some time off to heal my wounds..
Wow did you post all those? Damn they added up quick. Suppose the chershire hit helped alotMy W-2G's totaled to $172,783.32 $110,000 was at Foxwoods alone..
I certainly had my fair share of losses as well to help offset my wins.. Bottom line, let's just say BigD is fucked this year.. Taking some time off to heal my wounds..
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