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Originally Posted by blackthroatedwind
If you have account information that includes your signers, but shows you were a net loser, you should be fine. I guess you may have to pay a penalty but the account info should validate your net position.
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My first wife used to have a bit of embarrassment when we visited the accountant for our tax prep and I tossed my signers down to list on the taxes.
Apparently making $$ was good, but making $$ from gambling was something not be made known in "good social circles" or something.
I was always kinda proud of those signers.
(my current wife loves 'em.....she laughs and shares stories with friends about my occasional gambling prowess....)