Tax Time

[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

[Scav]

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]

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]

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

[eajinabi]

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]

Originally Posted by eajinabi

Do you show all winnings = Losses?

Yes. Unfortunately, can prove it for 2009 .