vpFREE2 Forums

Conundrum

The key difference is that you ASKED. Therefore, the casino could not think
you were trying to "get away" with anything. "Suspicious activity" could not
apply.

Many places will let a husband sign for a wife, and vice versa. As for
signing for other family members, I don't think it's legal. But if the casino goes
along with it, I don't see how the IRS would find out, unless some sort of
audit showed the $2000 jackpot on your mother's card, and no declaration of
same on her tax return.

Brian

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In a message dated 11/15/2007 3:24:23 PM Pacific Standard Time,
sresnick2@comcast.net writes:

bjaygold@... wrote:

They quickly switch seats, and go through the payment process
with the "wrong" guy getting paid.

A little over a year ago, I was playing with my mother at Borgata A.C.
She hits for $2000 (50-cent Royal). When they come to pay, I ask them
to make out the paperwork for me, since I track my gambling for taxes
and she doesn't. They made the paperwork out for me, and didn't seem to
care at all. They pretty much said that somebody had to provide a
social security number and all, but they didn't care which one of us
did it.

Stuart (RandomStu)
http://stuart-randomthoughts.blogspot.com/

************************************** See what's new at http://www.aol.com

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

A more relevant point is what the response would be if the IRS were
asked. You might not like the answer.

I don't begrudge a man paying taxes instead of his mother. It's
probably what I would have done in that situation. But using her
jackpot as an offset to his losses so that no taxes are paid? I'm
concerned that the casino allows IRS audits of player's club tracked
jackpots. Jackpots are coded as "events" that are easily traced back
to the slot card in play at the time.

The strategy can only safely work if the mother's slot card is not
inserted when she hits the taxable jackpot. And, even then, you've
got all those cameras watching...

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

The key difference is that you ASKED. Therefore, the casino could
not think you were trying to "get away" with anything.

npf15251 wrote:

I'm concerned that the casino allows IRS audits of player's club
tracked jackpots.

Hopefully not losing sleep over it.

The strategy can only safely work if the mother's slot card is not
inserted when she hits the taxable jackpot. And, even then, you've
got all those cameras watching...

Not so. I've played with my wife's card inserted and
with total stranger's cards inserted. That was simply
by accident but I'll bet it happend all the time. Just
because a card was inserted at the time of a JP does
not mean that's who was the jockey at the time.