Sorry, I wasn't clear. By "expenditures" I meant losses, not total wagers.
Brian
···
========================================
In a message dated 3/12/2009 7:46:46 A.M. Pacific Daylight Time,
larbo929@yahoo.com writes:
I have seen this happen with elctronics with a combination of store and
manufacturer's rebates, but not with video poker. The combination of winnings
and rebates may exceed my wagers, but I cannot imagine getting back more than
my aggregate wagers.
Anyway, there is no theoretical limit on the amount of rebates.
--- On Thu, 3/12/09, bjaygold@aol.com <bjaygold@aol.com> wrote:
From: bjaygold@aol.com <bjaygold@aol.com>
Subject: Re: [vpFREE] Re: Gift cards and taxes
To: vpFREE@yahoogroups.com
Date: Thursday, March 12, 2009, 10:00 AM
What happens if the "rebate" exceeds the "expenditures? "
Brian
============ ========= ========= ========= ==
In a message dated 3/12/2009 5:29:27 A.M. Pacific Daylight Time,
larbo929@yahoo. com writes:
Since they are not earned by performance, but rather are a rebate on
expenditures, they should not be taxed.
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