I heard that the IRS is going to start requiring casinos to issue players a W-2G when they hit a jackpot over $600 on a slot machine instead of over $1,200 like they do now. That is crazy. I'd always heard that they needed to raise that threshold, which was set back in the '70s, not lower it.

I have been gambling for years, usually posting a loss or small win for the year. I retired this year and what a difference to the calculations! Now re Modified Adjusted Gross Income (MAGI), I have to include the total amount of wins as income on the first page of the IRS form, which raises the AGI, even though I was a loser for the year - I don’t get to subtract the loss. I have spoken with a CPA and she states that yes, it’s true. This grossly inflates our AGI and increases our tax rate. Would love to hear Jean Scott’s take on this.

A group of creditors sent Caesars a notice of default. In an abundance of caution, this newsletter again advises you not to deposit any funds (no deposits for hotel reservations, no deposits at the cashier’s cage, no delay on redeeming casino chips, etc.), in the following Caesars' hotels, until the situation at Caesars again becomes clearer: Bally’s, Caesars Palace, Flamingo, Harrah’s, Paris Las Vegas, Planet Hollywood, Rio, and The Cromwell. Any additional info from your end?

I have just spent many frustrating hours trying to co-ordinate my gambling log and the win-loss statements I’ve received from casinos where I played in 2013. I am so confused. None of the numbers on these statements match up with my own very detailed records. What figures should I use on my federal income tax return?

I really need your help! Just returned from a Holland America Cruise (Nieuw Amsterdam) where I won a $2K video poker jackpot (4,4s plus kicker, triple double bonus $1 machine). The casino manager told me "federal law" required them to file an IRS tax form, even though I won the money in international waters. I asked what the specific "federal law" was and they could not answer me. I refused to provide my SS# and they refused to pay me my $2K. This is NOT about me wanting to avoid paying taxes. I know full well I must report all income regardless of where I earned/won it. This IS about tax law and principle, however. I don't know what to do at this point and would very much appreciate your advice/opinion. I am out $2K and a new tax year is starting on top of that. Thanks for any help you can provide.

How and what is involved in getting a win/loss statements from casinos that you play at?

You recently wrote that Harrah’s Entertainment (now Caesars Entertainment) will be selling stock to the public. Can you tell us more, such as price per share, when the stock will be available and will Total Rewards members have first preference in purchasing stock, etc.?

Is there a bicycle lane on the Las Vegas Strip?

I received an invitation to a contest from a casino in which the top prize is $5,000 in free play. Is that considered income for tax purposes? Will I be required to fill out a 1099 tax form if I win?

Can you please PLEASE rerun your answer on money laundering? I missed it last year and I've always wanted to know about it.