Watch Those W-2Gs

The lighter side... playing for entertainment, less concerned about "the math."
tech58
Video Poker Master
Posts: 1375
Joined: Tue Mar 11, 2014 1:21 pm

Re: Watch Those W-2Gs

Post by tech58 »

wildman49 wrote:
Wed Apr 10, 2019 7:31 pm
Anyone ever get 1099 MISC forms? I been doing my taxes for 40 years and no problems. Then wife and I got a pile of w2g's but the raffle drawings I won money on I got 1099's.

I plan to write off both using losses. I have seen some saying 1099's are not the same as w2g. I got ONE entree into the raffle after having to put $200 thru the machines. They did not give me any entree's, I had to take losses to get them. Some are saying 1099's can't be wrote off. If I get an audit and they refuse the write off will just have to pay the tax, interest and or penalty.

Will be putting the taxes in snail mail Friday. Life goes on. :roll:
Gee,a 1099s. How did i miss that one!
Just finished my tax's. Last year 3 pages, This year 14!!! What happened to simplification!!!

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