IRS Question

[asudevil]

I know tri's and supers have the 600-1 threshold....what about pick 3's? Same? If one has a 550 dollar pick 3, on a 1 dollar ticket, is it a signer? I researched this and couldn't find a clear answer.

Thanks.

[Danzig]

call your accountant.

[Port Conway Lane]

Originally Posted by asudevil

I know tri's and supers have the 600-1 threshold....what about pick 3's? Same? If one has a 550 dollar pick 3, on a 1 dollar ticket, is it a signer? I researched this and couldn't find a clear answer.

Thanks.

It's not 600-1 but $600 return on a wager that is 300-1 or greater.

[Scav]

Same rules apply for tris as p3s

$602 per 2$ variation
602$ per $1 variation
602$ per 50c variation
602$ per 10c variation

[asudevil]

Originally Posted by Scav

Same rules apply for tris as p3s

$602 per 2$ variation
602$ per $1 variation
602$ per 50c variation
602$ per 10c variation

Ok. Thanks.

Originally Posted by Danzig

call your accountant.

Why? He's a putz.

Originally Posted by Port Conway Lane

It's not 600-1 but $600 return on a wager that is 300-1 or greater.

Great, thanks.

[Danzig]

Originally Posted by asudevil

Ok. Thanks.



Why? He's a putz.



Great, thanks.

lol
then why is he your accountant?

Originally Posted by asudevil

I know tri's and supers have the 600-1 threshold....what about pick 3's? Same? If one has a 550 dollar pick 3, on a 1 dollar ticket, is it a signer? I researched this and couldn't find a clear answer.

Thanks.

I thought you work at a casino.