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Gambler is big winner in Tax Court

Gambler is big winner in Tax Court By James A. Beavers, CPA, CGMA, J.D., LL.M. Related Despite inexact substantiation of his losses, the Tax Court held that a taxpayer had lost more than he had won gambling during 2014, and he could take a gambling loss deduction equal to the amount of winnings reported to the IRS on Forms W-2G, Certain Gambling Winnings, from casinos for the year. Background John Coleman is a self-acknowledged compulsive gambler. His preferred form of action is the slot m...
United States John Coleman Tax Court Certain Gambling Winnings Mark Nicely ஒன்றுபட்டது மாநிலங்களில்

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