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Old 11-03-2009, 10:29 PM
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dellinger63 dellinger63 is offline
Keeneland
 
Join Date: May 2006
Location: U.S.A.
Posts: 10,072
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Quote:
Originally Posted by SundaySilence
I keep track of every bet made, profit/loss of every wager, doesn't matter. YOU CANNOT DEDUCT LOSSES AGAINST YOUR W-2G's in ILLINOIS. You hit a Tri for 1K and lose the grand the rest of the day, you'll owe the state $30 and the feds $0 !!!
if you hit it on track you'd have to buy a round that probably would be more than $30! You won! Relax!!
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