https://www.lasvegasadvisor.com/frugal-vegas/tax-help-for-gamblers/ A Las Vegas Advisor Blog from the "Queen of Comps" Fri, 17 Apr 2020 18:06:17 +0000 hourly 1 https://wordpress.org/?v=4.7.4 https://www.lasvegasadvisor.com/frugal-vegas/tax-help-for-gamblers/comment-page-1/#comment-68478 Mon, 30 Jan 2017 17:48:00 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=4509#comment-68478 When I received my notification of my new rate for Medicare B for 2017 I was informed of a $294 penalty assessment for my gross adjusted income which takes into account my W 2’s that were generated from gambling but doesn’t take into account my losses which in my case the two were nearly a push.
Is this simply an added cost for being a gambler or is there a work around on this.
Thanks

]]> https://www.lasvegasadvisor.com/frugal-vegas/tax-help-for-gamblers/comment-page-1/#comment-68457 Sat, 28 Jan 2017 22:30:26 +0000 https://www.lasvegasadvisor.com/frugal-vegas/?p=4509#comment-68457 Is this “session” tax reporting available for non-professional gamblers?

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