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Thread: Finally

  1. #1

    Finally

    After 48 Years The Slot Tax Threshold Is Finally Going Up https://share.google/nTZ08G71XuYACcem6

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  3. #2
    Yeah


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  5. #3
    I did not see that mentioned, I did hear that they may change the only 90% of losses allowed portion that was also in acted in the Bill.

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  7. #4
    Senior Member charlie50's Avatar
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    Yaaaaaaaaaa bout time . cartoonbigmoney.jpg

  8. #5
    Quote Originally Posted by sondor View Post
    I did not see that mentioned, I did hear that they may change the only 90% of losses allowed portion that was also in acted in the Bill.
    Yes Low Roller Scratcher warned us and said that Brian Christopher, Big Jackpot, Mr.Handpay, Lady Luck all be out of employment due to 90% taxes. They become full time skill bonus checker jobs people. He told us.
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  10. #6
    Senior Member charlie50's Avatar
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    Quote Originally Posted by CPT View Post
    Yes Low Roller Scratcher warned us and said that Brian Christopher, Big Jackpot, Mr.Handpay, Lady Luck all be out of employment due to 90% taxes. They become full time skill bonus checker jobs people. He told us.
    .
    looking at the new rule . seems you will need to loose 10% more than you won to get to 0 tax due ..HA ! that wont be hard for me .

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  12. #7
    I’ve yet to find any understandable info on the new tax bill impact on jackpot winnings and, what the 90% loss limit means for us casual slot players. Clear as mud from the limited amount of things I’ve read.

    Crossing fingers we will get more clarity and that for us lucky enough to get handpays, we will still be able to deduct full losses to offset them

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  14. #8
    Senior Member charlie50's Avatar
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    Quote Originally Posted by clemi View Post
    I’ve yet to find any understandable info on the new tax bill impact on jackpot winnings and, what the 90% loss limit means for us casual slot players. Clear as mud from the limited amount of things I’ve read.

    Crossing fingers we will get more clarity and that for us lucky enough to get handpays, we will still be able to deduct full losses to offset them
    Freaking Lawyer speak . its almost like they don't want you to know .

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  16. #9
    https://x.com/vitalvegas/status/1945...pqCaKJakbdzLWQ

    VV says threshold changed for 1099 winnings not jackpot W2G’s

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