Gambling taxes

[olds442jetaway]

As long as we are on the tax subject though not gambling related, the huge win for many will be the 6,000 buck deduction for seniors. 12,000 for a couple. Worth reading up on. It may phase out for many of us and be lost since it is based on modified adjusted gross income and not taxable income. The new SALT deduction with 40k limits are a huge win for me. That one helps a lot.
I’m sure the IRS will remind us that all Gross Gambling income is taxable. . Thanks Bill for posting the W2-G change.