Regular Ohio folks can't deduct losses from state taxes. I have heard
there is an exception for the gambling professional. However, that
opens a big can of worms and is probably a really bad idea unless you
are, in fact, a professional gambler. You will have to file Fed
return as a gambling pro. Knew a guy who said he did this. It was a
big deal to get through, according to him. Of course, I never saw a
return of his. I can just mention what he said he did. As in all
cases it's your research that counts, not what you hear.
Cheers....Jeep
.
.
I'm wondering if anyone can tell me if I can deduct losses to offset
my
W2-G winnings if I have to file taxes in the state of Ohio.
I'm thinking of moving there, but I need to know the tax
consequences
before I make the move. I checked the Department of Revenue's
website,
···
--- In vpFREE@yahoogroups.com, "eharas" <eharas@...> wrote:
but I can't find any information on it.
Thanks in advance for any insight anyone can give me.