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pmacdaddy 02-28-2010 07:17 PM

Tax Time
 
Do most out there list each W2-G form individually on their Federal tax returns or just put total W2G Winnings and various date? All winings are from the same payer (NYRA).

I think I have done both in the past with no problems. Although, this year my handle was higher than previous years.

Thanks,

Pat

Scav 02-28-2010 07:35 PM

Quote:

Originally Posted by pmacdaddy
Do most out there list each W2-G form individually on their Federal tax returns or just put total W2G Winnings and various date? All winings are from the same payer (NYRA).

I think I have done both in the past with no problems. Although, this year my handle was higher than previous years.

Thanks,

Pat

I think if you do your taxes old school, by hand on paper, then you can do a total and then you have to mail your W2G's with the paper.

But because of places like Turbo Tax, you do have to enter each W2G

At least, in my experience

pmacdaddy 02-28-2010 07:40 PM

Quote:

Originally Posted by Scav
I think if you do your taxes old school, by hand on paper, then you can do a total and then you have to mail your W2G's with the paper.

But because of places like Turbo Tax, you do have to enter each W2G

At least, in my experience

Guess I will enter them each just to be safe. But there are SO many of them...

I wish.

blackthroatedwind 02-28-2010 07:51 PM

I don't think you need to send W2Gs unless there is withholding.

eajinabi 02-28-2010 09:55 PM

Quote:

Originally Posted by pmacdaddy
Guess I will enter them each just to be safe. But there are SO many of them...

I wish.

Do you show all winnings = Losses?

pmacdaddy 02-28-2010 10:08 PM

Quote:

Originally Posted by eajinabi
Do you show all winnings = Losses?

Yes. Unfortunately, can prove it for 2009 :o .


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