Considering the government does not consider DFS "gambling" (at least for now), you will not be able to subtract sportsbook losings from your DFS income.
Considering the government does not consider DFS "gambling" (at least for now), you will not be able to subtract sportsbook losings from your DFS income.
im curious to see what DFK or FD send to the IRS for your winnings, is it just income from them, or gambling winnings. Im not positive but you can only claim a certain amount of gambling losses. But 5dimes wont work b/c its not credited and besides the fact that its in costa rica. If i were you and you wanted to get some losses on the books, go to a local racetrack or OTB and sit there grab a beer and pick up the losing tickets from ppl. Keep only bigger ones and throw the little ones out. Or if you are close to Las Vegas or know someone close there send them there and pick up some losing tickets. Keep them and give to your tax adviser in beggining of the year.
im curious to see what DFK or FD send to the IRS for your winnings, is it just income from them, or gambling winnings. Im not positive but you can only claim a certain amount of gambling losses. But 5dimes wont work b/c its not credited and besides the fact that its in costa rica. If i were you and you wanted to get some losses on the books, go to a local racetrack or OTB and sit there grab a beer and pick up the losing tickets from ppl. Keep only bigger ones and throw the little ones out. Or if you are close to Las Vegas or know someone close there send them there and pick up some losing tickets. Keep them and give to your tax adviser in beggining of the year.
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