Resorts World Casino Tax Question. (rent, how much, school)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
no one can tell you . it gets added to all your other income and then subject to any deductions and exemptions you have .
it is not based on the amount you won but on your total tax situation . you can ball park about 1/3 for fed ,state and local but that is about as conservative as you may want to get .
not sure how proof of loss works when deducting losses for gambling , you have to google that .
no one can tell you . it gets added to all your other income and then subject to any deductions and exemptions you have .
it is not based on the amount you won but on your total tax situation . you can ball park about 1/3 for fed ,state and local but that is about as conservative as you may want to get .
not sure how proof of loss works when deducting losses for gambling , you have to google that .
If you are a professional gambler you usually get receipts for wins/losses and have to keep a ledger for when you get audited.
we went to resorts in queens last month . what a dump . i would sooner use a gas station bathroom .
the line to cash out had two nasty cashiers and a line 45 minutes long . people were complaining about the long wait and instead of appeasing the group like a good customer service person should they answered people so nasty .
we went to resorts in queens last month . what a dump . i would sooner use a gas station bathroom .
the line to cash out had two nasty cashiers and a line 45 minutes long . people were complaining about the long wait and instead of appeasing the group like a good customer service person should they answered people so nasty .
i won 90 bucks and left . i won't go back again .
That is old school NYC rudeness. It’s gone from most of Manhattan but is still around in the outerboroughs.
I haven't been there in a while. In total I think I have a a net profit of $7,200 from my visits. I only played a few table games. Roulette and Bacarrat and some Blackjack. Never remember filling out a tax form.
I think table games differ from the slots? I had to give my Social Security every time I cashed out over $600 but never filed a form.
I was living rent free with Auntie at the time so I was a fake "high roller." ������
My biggest win was when I laid out $1,500 on the 3rd row and actually hit. Paid out $4500. I ran out of there so fast.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
