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  #1  
Old 01-31-2016, 07:35 PM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
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Quote:
Originally Posted by Secretriat34 View Post
1) Your rant does not logically make sense
2) The irs gets a copy of what you get
3) This may have to do with the losses you claimed which can only be deducted to the extend of winnings, you cannot have a loss from gambling
4) you can ask for a installment plan to pay them for up to 10 years or 120 months


you need a CPA to clear this up for you cost less than 200 bucks a opposed to 6 grand and a lien
its impossible to know how he filed without looking at his return, but assuming he actually TYPED in all 18 W2G's, and all the correct info, and not just claimed the amount, then yes, it should zero out.

Saratogadew, if you want, PM me and we can discuss particulars, I'll do what I can when I can.

On what planet does a CPA cost only $200 for this amount of work? Its at least 8 hours, and around here they are $150-$300 a hour.
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  #2  
Old 01-31-2016, 07:44 PM
Secretriat34 Secretriat34 is offline
Tropical Park
 
Join Date: Jan 2016
Posts: 247
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scav
i passed the 22 hour 2.5 day CPA exam in 1981, after 17 years in private schools including 5 years at a world class university and have practiced as CPA for almost 35 years

on earth i could clear this up with a 30 minute review of the documents and a 30 minute phone call to the IRS on the practioners phone line..you need a couple of big macs to end the day

Last edited by Secretriat34 : 01-31-2016 at 08:33 PM.
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  #3  
Old 01-31-2016, 10:20 PM
RHT2004 RHT2004 is offline
Atlantic City Race Course
 
Join Date: Apr 2015
Posts: 4,829
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Quote:
Originally Posted by Secretriat34 View Post
scav
i passed the 22 hour 2.5 day CPA exam in 1981, after 17 years in private schools including 5 years at a world class university and have practiced as CPA for almost 35 years

on earth i could clear this up with a 30 minute review of the documents and a 30 minute phone call to the IRS on the practioners phone line..you need a couple of big macs to end the day
This is rude.
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  #4  
Old 01-31-2016, 08:45 PM
saratogadew saratogadew is offline
Oaklawn
 
Join Date: Apr 2011
Location: Doylestown, PA
Posts: 2,027
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Quote:
Originally Posted by Scav View Post
its impossible to know how he filed without looking at his return, but assuming he actually TYPED in all 18 W2G's, and all the correct info, and not just claimed the amount, then yes, it should zero out.

Saratogadew, if you want, PM me and we can discuss particulars, I'll do what I can when I can.

On what planet does a CPA cost only $200 for this amount of work? Its at least 8 hours, and around here they are $150-$300 a hour.
Thank you for your input. I do appreciate it. I know it is a mistake that they will clear up. Just to be clear:
I submitted all 18 w2's. 9 were hits from "on track". (Saratoga, Pimlico, Monmouth ect.)
9 were from TVG. I only claimed losses up to my winnings for all 18. Zeroed out.
The letter they sent me stated that I did not claim 9 W2's from PA Bets. These were the exact figures down to the penny that I claimed from TVG.
I will await their decision and get my accountant involved if they don't realize their mistake.
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