footdr
Banned User: PITA violations of the Forum Rules
- Joined
- Jan 13, 2006
- Location
- cyberspace
I can not decide what to do. I have read everything I can find about gambling taxes. I think I already missed the boat.
Has anyone consulted a tax attorney or their accountant regarding the online gambling situation. The log book requirement is really hard to apply to online gambling.i.e. there is no machine number, no one present (one of the requirements is to list other people present). It is just not the same as going to brick and mortar casino. And since it now "illegal in IRS minds", there are no specific guidelines to help us report.
I feel to do anything for last year would be opening a can of worms.
I am having an anxiety attack
Has anyone consulted a tax attorney or their accountant regarding the online gambling situation. The log book requirement is really hard to apply to online gambling.i.e. there is no machine number, no one present (one of the requirements is to list other people present). It is just not the same as going to brick and mortar casino. And since it now "illegal in IRS minds", there are no specific guidelines to help us report.
I feel to do anything for last year would be opening a can of worms.
I am having an anxiety attack