Thread: Don't wager on horse racing if you live in ILLINOIS !!!
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Old 11-03-2009, 10:06 PM
gales0678 gales0678 is offline
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Join Date: May 2006
Location: new york
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Originally Posted by SundaySilence
You don't get it, it has nothing to do with record keeping, if you have a W-2G you pay tax on it in Illinois, whether or not you have losses to offset it. Federal you can offset losses, Illinois you can't !!!

with obama coming from Ill will the federal offset for losses be taken away soon as well?
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