Can I write this off on my taxes as money I've lost ?
Printable View
Can I write this off on my taxes as money I've lost ?
Dagnabbit! Steve picked the wrong numbers
Son of a .... Dammit!
Sure, as long as you meet the criteria under section 165(d) in the internal revenue code. Generally, losses are only allowed to the extent of the gains from your winnings.Quote:
Originally Posted by Hic
Sent from my iPhone 5S using Tapatalk
I've heard of that w3rd 'GAINS', Can't say I've ever experienced it, though.
I know an attorney getting ready to do a few in the windowless house, says: He'll write it off $636 million Mega Millions jackpot that I lost !
gonna missemQuote:
Multi-millionaire, 86, jumps to his death off 16th floor balcony after giving almost all his $800MIILLION fortune to charity.
it is pretty big for tomorrow night. this is a great idea with a decent amount of members.