vpFREE2 Forums

1099's

#1

"And if you were the commissioner of the IRS, your feelings about that
would
make all the difference in the world."

Cogno ---

I was simply stating what I do --- nothing more, nothing less....you
needn't be snippy about it.

[Non-text portions of this message have been removed]

#2

I am not sure what Cogno's comment is about. The poster's comment is perfectly reasonable and seems based on how the IRS actually processes real tax returns.

The reality is 99% of the gamblers report their W-2Gs and then their offsetting losses on schedule A. Perhaps 1% report session wins and then have a discussion with the IRS. Only if you live in a state that does not allow offsetting losses and the reporting methods produced substantial differences would this conversation with IRS be worth my time.

Chris

···

--- In vpFREE@yahoogroups.com, paw0159@... wrote:

"And if you were the commissioner of the IRS, your feelings about that
would
make all the difference in the world."

Cogno ---

I was simply stating what I do --- nothing more, nothing less....you
needn't be snippy about it.

[Non-text portions of this message have been removed]

#3

The discussion was about keeping session logs, which the IRS requires
regardless of how you feel about it. If your goal is to do as little work as
possible unless you're audited, and then live with the shit hitting the fan,
then so be it.

Cogno

···

-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf
Of kcace1024
Sent: Tuesday, February 16, 2010 9:10 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: 1099's

I am not sure what Cogno's comment is about. The poster's comment is
perfectly reasonable and seems based on how the IRS actually processes
real tax returns.

The reality is 99% of the gamblers report their W-2Gs and then their
offsetting losses on schedule A. Perhaps 1% report session wins and
then have a discussion with the IRS. Only if you live in a state that
does not allow offsetting losses and the reporting methods produced
substantial differences would this conversation with IRS be worth my
time.

Chris

--- In vpFREE@yahoogroups.com, paw0159@... wrote:
>
> "And if you were the commissioner of the IRS, your feelings about
that
> would
> make all the difference in the world."
>
> Cogno ---
>
> I was simply stating what I do --- nothing more, nothing less....you
> needn't be snippy about it.
>
>
> [Non-text portions of this message have been removed]
>

------------------------------------

vpFREE Links: http://members.cox.net/vpfree/Links.htm

Yahoo! Groups Links

#4

Re: the IRS,

Off subject, but I believe that most taxpayers have no clue about the way the government wastes our money to pay off special interests to keep their unworthy behinds in power as life-long career politicians.
You remember the commercial with that nut who used to run around Washington in the Uncle Sam suit informing the public of all of the freebies the governments was giving away just for applying?
  Now that Tradeau (sp?) is doing the same thing: He said that you can get all of this "free" money. It did not make me want to buy his book. It DID make me realize how close we must be to total economic collapse from such corrupt waste and skullduggery to go on while we are printing trillions to pay our national bills.
   Do these fools in Washington have a lick of common sense?
   We should have our collective heads examined for allowing our nation to be plundered in such an open and obvious fashion.

                                                                                                      Bruce Stewart

···

-----Original Message-----
From: Cogno Scienti <cognoscienti@gmail.com>
To: vpFREE@yahoogroups.com
Sent: Tue, Feb 16, 2010 10:24 pm
Subject: RE: [vpFREE] Re: 1099's

The discussion was about keeping session logs, which the IRS requires
regardless of how you feel about it. If your goal is to do as little work as
possible unless you're audited, and then live with the shit hitting the fan,
then so be it.

Cogno

-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf
Of kcace1024
Sent: Tuesday, February 16, 2010 9:10 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: 1099's

I am not sure what Cogno's comment is about. The poster's comment is
perfectly reasonable and seems based on how the IRS actually processes
real tax returns.

The reality is 99% of the gamblers report their W-2Gs and then their
offsetting losses on schedule A. Perhaps 1% report session wins and
then have a discussion with the IRS. Only if you live in a state that
does not allow offsetting losses and the reporting methods produced
substantial differences would this conversation with IRS be worth my
time.

Chris

--- In vpFREE@yahoogroups.com, paw0159@... wrote:
>
> "And if you were the commissioner of the IRS, your feelings about
that
> would
> make all the difference in the world."
>
> Cogno ---
>
> I was simply stating what I do --- nothing more, nothing less....you
> needn't be snippy about it.
>
>
> [Non-text portions of this message have been removed]
>

------------------------------------

vpFREE Links: http://members.cox.net/vpfree/Links.htm

Yahoo! Groups Links

[Non-text portions of this message have been removed]