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asudevil

08-18-2014 08:33 AM

IRS Question

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

08-18-2014 08:53 AM

call your accountant.

Port Conway Lane

08-18-2014 08:55 AM

Quote:

Originally Posted by asudevil (Post 993809)

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

Scav	08-18-2014 09:00 AM

Same rules apply for tris as p3s

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

asudevil

08-18-2014 09:11 AM

Quote:

Originally Posted by Scav (Post 993812)

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.

Quote:

Originally Posted by Danzig (Post 993810)

call your accountant.

Why? He's a putz.

Quote:

Originally Posted by Port Conway Lane (Post 993811)

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

Great, thanks.

Danzig

08-18-2014 09:53 AM

Quote:

Originally Posted by asudevil (Post 993817)

Ok. Thanks.

Why? He's a putz.

Great, thanks.

lol
then why is he your accountant?

helicopter11

08-18-2014 01:02 PM

Quote:

Originally Posted by asudevil (Post 993809)

I thought you work at a casino.

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