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re: Can gambling losses be deducted from 1099-MISC?

Posted on 1/30/13 at 10:26 am to
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 1/30/13 at 10:26 am to
Yea I dont have anything fishy on my return. Pretty standard return. Have all documentation. Would rather not pay 400 extra in taxes because they pulled a number out of thin air. 4 tickets 1k each. How fricking lazy was that.
Posted by Newbomb Turk
perfectanschlagen
Member since May 2008
9961 posts
Posted on 1/30/13 at 2:10 pm to
Call the IRS, present your documentation and they may have the prize company issue a new 1099.

Again, your shite-out-of-luck with the gambling losses.
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