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gambling wins

Coverage of gambling wins in the Nexus archive.

Earliest in view: Aug 15 · 09:00 UTCMost recent: Aug 15 · 09:00 UTC
Co-mentioned in this coverage
eBayorganization1Jeffrey Hoopesperson1University of North Carolina’s Kenan-Flagler Business Schoolorganization1UNC Tax Centerorganization1IRSorganization1Pennsylvaniaplace1Ohioplace1Floridaplace1tax write offstopic1
Recent coverage
  • CRIMEAug 15 · 09:00 UTCFORTUNE
    Some gamblers are buying losing lottery tickets on eBay as a way offset taxes on their gambling wins

    Some people are listing worthless losing lottery tickets on eBay, sometimes for explicitly promoting tax deductions. Accounting professor Jeffrey Hoopes stated that such an effort is a clear example of potential tax fraud. While IRS regulations allow losses to be deducted only by filers who itemize and keep records, the sale of these tickets raises questions about proper use.

gambling wins · Dossier · The Nexus