|Posted: April 23, 2011, 4:05 am - IP Logged|
I'm not sure what the law is today, but, in my younger days, I was always perimtted to deduct my gambling losses from my gross income as long as I had proof on paper that I had actually lost the money. My winnings, of course, fell into the classification as taxable income. And this is the thing about online poker - can one get a written statement of winnings/losses? If you can't, you're screwed by law.
Blessed Saint Leibowitz, keep 'em dreamin' down there.....
Next week's convention for Psychics and Prognosticators has been cancelled due to unforeseen circumstances.