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

Posted on 1/29/13 at 10:30 am to
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 1/29/13 at 10:30 am to
These were economy tickets only. Didnt have the option to book another category. What is crazy is that they valued them at 4k but they dont bother take into account that we literally had 2 days only to book. They were giving away tickets that were purchased on points that were expiring on a friday and they awarded them on a Wed.
Posted by C
Houston
Member since Dec 2007
27839 posts
Posted on 1/29/13 at 11:21 am to
quote:

What is crazy is that they valued them at 4k but they dont bother take into account that we literally had 2 days only to book


Interesting way to reduce losses by an airlines...
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