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#17
05-12-2009, 12:01 PM
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Did you itemize you deduction in 2007? If so you may have to file and amended 1040 to show the higher income and higher itemized deductions which should net to close to zero, assuming you dodn't have a huge amount of winnings.
Just a heads up that if you plan on using your statments to substantiate / document the fact that you did not come out ahead for the year, you should probably be prepared to include ALL of your winners and not just the ones covered by the w2G. If you had a lot of winnings it may change your tax by way of phaseouts, limitations etc as your AGI will be higher. PM me if you want some assitance or need help figuring out the tax you may owe.
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"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" 
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