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Taxes - was Cash back or free play as a function of ER

In a message dated 5/14/07 3:57:13 PM US Mountain Standard Time,
queenofcomps@cox.net writes:

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<<1040-A filers are in the unfortunate position of paying tax on the
gross amount of all W-2's and suffer the most clearly defined tax
consequence.>>

You can't use a 1040A form to report gambling winnings. The only other
income besides wages, salaries, and tips you can report on it is jury duty
pay. See Pg 16 of 1040A instructions. You must use Form 1040.

***
Oh man! Hope I don't get audited for !993 or 2003...the only time I had W2Gs.

So you have to use the long form and take the standard deduction I guess.

BS<BR><BR><BR>**************************************<BR> See what's free at
http://www.aol.com.</HTML>

[Non-text portions of this message have been removed]

In a message dated 5/14/07 3:57:13 PM US Mountain Standard Time,
queenofcomps@... writes:

> <<1040-A filers are in the unfortunate position of paying tax on

the

> gross amount of all W-2's and suffer the most clearly defined tax
> consequence.>>
>
> You can't use a 1040A form to report gambling winnings. The only

other

> income besides wages, salaries, and tips you can report on it is

jury duty

> pay. See Pg 16 of 1040A instructions. You must use Form 1040.
>
>
> It's Sched A, 1040. Paupers and students file 1040A. Is no 1040-A

Ferget !993 but think on 6 years back til now. CD

>
>

***
Oh man! Hope I don't get audited for !993 or 2003...the only time I

had W2Gs.

So you have to use the long form and take the standard deduction I

guess.

BS<BR><BR><BR>**************************************<BR> See what's

free at

http://www.aol.com.</HTML>

Will she never stop fouling up IRS filers with crazy dilusional

Queen Of IRS mistatements? Jean, it's 1040A you screw up on. That's
for paupers and students! What a gambler does is file a small
business Sched C which any can easily manage, no cost to Frugal
anything! IRS Tax Court Examiners themselves say to place on "SCHEDULE
A"(see the reading/writing comprehension error?)
as either profit or loss and GUESS which saves money. I've done that
since I started before heard of you in '98 audit. Your experience
is? Stick with the slow readers side of class, please. Always felt
you a nice, bit misguided lady but WOW! This is frugal money here,
babe. Do you give refund loans? CD

uiuQrs > [Non-text portions of this message have been removed]

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--- In vpFREE@yahoogroups.com, GRAYTLEEGRAY@... wrote: