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Fucking W-2Gs

Discussion in 'General Vegas Talk' started by Stevie d, Apr 12, 2016.

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  1. Stevie d

    Stevie d
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    Just going over my taxes. I don't have a mortgage and 2015 wasn't good on the extra work side, so my schedule A is going to be about 3 grand short of the standard deduction. FUCK ME!!! I have to itemize to knock off the $21,000 in slips. You have no idea how pissed off I am at the moment.
     
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  2. Claire

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    Oh boy!! not hiring CPA to do the work?
     
  3. VEGASBJ

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    Can't you claim some gambling losses to offset the wins?
     
  4. Stevie d

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    Nah. Wouldn't help.
     
  5. TBONE3336

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    This space for rent.
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    Every last dollar of a slot win should get claimed as a loss. If you ever have a problem from them, I have tons of machine #'s from ,many vegas casinos documented I will pass onto you to create a log, you would just need to create the date and time shit to fill in.
     
  6. Stevie d

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    I can offset the 21 grand. So that income is moot. The problem is the standard deduction is $6,300 and I only have about $3,000 in itemized deductions. So I'm losing out on that $3,300. If gambling winnings and losses were a net figure on Line 21 I would net out at zero And take the standard deduction. Instead i have to file sched A to offset winnings and lose out on the difference between the standard deduction and what I actually have as deductions.
     
  7. VEGASBJ

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    Makes more sense now
     
  8. Red&BlackSmoke

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    I just filed a return with 278 W-2gs. That takes some time to enter. Sorry about your situation Stevie!
     
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  9. Malibugolfer

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    "What doesn't kill you makes you strong."
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    And imagine if the lowering of the W-2g win does go down to $800?
    Absolutely ridiculous. But in no way surprising.
     
    • Agree Agree x 1
  10. gmille58

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    I was complaining about the 4 we had this last year. All from the same place, by the end I had the numbers memorized.
     

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