In a message dated 01/21/06 12:23:38 AM Eastern Standard Time,
sphboc@aol.com writes:
In most other forms of business, this would be--at least in principle--
permissible. Do the same rules apply where gambling is concerned?
No loss allowed from gambling on a Schedule C. Also be aware that if you
have other full time employment, the IRS will disallow the loss if they catch
it.
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