Lottery Taxation with representation https://www.lotterypost.com/thread/272345 Lottery Post Forum Topic: Lottery Taxation with representation en-us Lottery Post RSS Generator Reply #4 https://www.lotterypost.com/thread/272345/3490682 https://www.lotterypost.com/thread/272345/3490682 Thu, 20 Feb 2014 12:41:08 GMT sully16 Yeah, that's why I said unless I win something big, they have enough info on me, I am not giving them a reason to poke some more.

]]> sully16 Reply #3 https://www.lotterypost.com/thread/272345/3487968 https://www.lotterypost.com/thread/272345/3487968 Tue, 18 Feb 2014 19:08:16 GMT p4wanbi okay...thanks

]]> p4wanbi Reply #2 https://www.lotterypost.com/thread/272345/3487798 https://www.lotterypost.com/thread/272345/3487798 Tue, 18 Feb 2014 17:00:42 GMT mrcraft You should seek advice from a tax professional. That being said, I've read posts from folks that got audited. From their experiences, it seems the IRS requires a detailed daily journal of your lottery activity along with documentation like losing tickets. I don't think bank withdrawal statements will be sufficient.

]]> mrcraft Reply #1 https://www.lotterypost.com/thread/272345/3487544 https://www.lotterypost.com/thread/272345/3487544 Tue, 18 Feb 2014 13:57:56 GMT sully16 Unless I win something big, I am not going to bother with it.

]]> sully16 Lottery Taxation with representation https://www.lotterypost.com/thread/272345 https://www.lotterypost.com/thread/272345 Tue, 18 Feb 2014 03:35:14 GMT p4wanbi So i queried w-2g and found some useful info regarding filing tax return. Now tax season us around the corner and I'm wondering any of lp lucky winners out there filing w-2g for 2013? Did you retain your loss tickets and if in case someone did not keep them, can a bank withrawal statement be sufficient to proof to the irs the deductible loss amount?

Thanks all

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