In a message dated 5/17/2007 12:33:09 P.M. Pacific Daylight Time,
bornloser1537@yahoo.com writes:
In my opinion, one should be "lobbying" for a situation whereby "(total won)
- (total bet)"
accummulated over the entire year is what is entered on our 1040 as
"gambling income".
Should that difference be less than zero (that is, when our losses exceed
our bets), then a
zero would be entered.
..................
Hummmmm.. I wonder why the casino's aren't lobbying for changes as they
would benefit the most.
JT
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