Recent content by CosmoKramer
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Sports Betting Arbitrage - Taxes
Not only $600, but also has to be 300-1 odds or greater. Sports betting tax laws are about 10 years behind where they should be. The correct thing to do is to report gross winnings and then itemize deductions for gambling losses. Do most people do this? Absolutely not, they just don’t report...- CosmoKramer
- Post #61
- Forum: Off-Topic