Quote:
Originally Posted by SundaySilence
That just triggered an interesting thought...what if the money is held in an ADW and no withdrawal is taken and the money is just used for more wagers. How would that be different than waiting for redemption of coins from a slot machine? Even though a player is issued a W-2G, if the money isn't withdrawn has there been any income generated?
|
I would think the Govt's position is that you have constructive receipt and therefore income.
__________________
"Be who you are and say what you feel, because those that matter don't mind, and those that mind, dont matter."
Theodore Seuss Geisel
"Dr. Seuss"
|