In a message dated 8/11/2006 9:07:48 AM Pacific Standard Time,
cognoscienti@gmail.com writes:
If you earned tickets to the drawing by gambling you have a strong case that
you can deduct gambling losses. For a 1099 win you may have more options
(deducting costs related to producing that income).
Assuming you had to be present for the drawing you can deduct cost of getting
to Vegas, meals, and room. This is minuscule relative to 26 thousand.
China
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