<However, the benefit from itemizing is restricted to>
<just the $750 of their gambling losses that took>
them over the standard deduction amount. Their is no>
<impact on the balance of any of the other>
<deductions that made up the original $3000.>
I guess I did a really bad job of phrasing my post
since you made the point I was tryng to make better
than I did.
<I just wanted to make sure I didn't give the>
<impression that gambling>
<activity will EVER reduce the taxes of the typical>
<filer ;)>
Neither do I, however filing correctly can.
Danny Perry
ยทยทยท
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