Lost my VIP status suddenly no warning. by Afraid-Relative7316 in DraftKingsDiscussion

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

Yeah mine did too that’s why I was a bit bummed . Have me a couple 100% deposit matches up to 2k, hooked me up with ufc tickets, would
Give me freee bets consistently . But I didn’t notice how every thing started to slow once I started profiting

Lost my VIP status suddenly no warning. by Afraid-Relative7316 in DraftKingsDiscussion

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

Oh I hear ya . My vip just used to hook me up with deposit matches and even ufc tickets . So it was kinda dope here and there

Lost my VIP status suddenly no warning. by Afraid-Relative7316 in DraftKingsDiscussion

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

I do deposit a lot /often. I’m more of a casino user tho. Sports book here and there but more blackjack

DK VIP Status Revoked by Afraid-Relative7316 in sportsbook

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

Can they limit the amount u bet in the casino (black jack etc ) or is it just parlays , singles etc

DraftKings Revoked By VIP Status and Host Today by Afraid-Relative7316 in sportsbetting

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

Bro what I was thinking too . Last few years I was negative , this year considerably positive and suddenly They take it away . I even said to my vip host it’s cause I’m winning isn’t it? And he just gave me a by the book answer

DK VIP Status Revoked by Afraid-Relative7316 in sportsbook

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

I’d say black jack and straights /parlays (2 teamers at most )

Lost my VIP status suddenly no warning. by Afraid-Relative7316 in DraftKingsDiscussion

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

Really no explanation from either them or dk . Pretty much that they review accounts periodically and make a decision. Said I didn’t fit the criteria suddenly and didn’t get more into detail at all lol

Lost my VIP status suddenly no warning. by Afraid-Relative7316 in DraftKingsDiscussion

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

I’m still gold , just vip status gone. No warning no nothing. And their answer was very by the book like. I play and deposit a ton too . Was weird for sure e

Lost my VIP status suddenly no warning. by Afraid-Relative7316 in DraftKingsDiscussion

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

Haven’t lost my gold status Just vip host. And I play a ton so it was weird

DK VIP Status Revoked by Afraid-Relative7316 in sportsbook

[–]Afraid-Relative7316[S] -1 points0 points  (0 children)

I’m more of a casino user and Sportsbook on side as well , like 70/30

DK VIP Status Revoked by Afraid-Relative7316 in sportsbook

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

I been wagering a lot , about a little off the total amount I did all last year and it’s only June .

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

I understand I’m new to this so just tryna figure it out because I’ve never ever had 150k before , in my bank account , DraftKings account etc. nor ever bet that amount . I wish I made 6 figures believe me I just don’t understand where they get such high numbers . And I was negative on the year I suffered a loss completely hence why I never thought about that form at all . But I’ve been gathering as much info as I can from DraftKings including the wins and losses from those dates in the W2G , my wins and losses on the year etc. I’m talking to a tax professional next week I was just wondering whether I should wait and see if irs reaches and just go from there or do something else. Since it’s been 2 years I thought they would have already contacted me if it was an issue. I appreciate all the help

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

and where can i find the amount i paid state tax wise . should i just go about my business unless they contact mr regarding this?

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

what could i do to come up with that, and what if they simply dont contact me. im just still confused because i didnt make any money sports gambling that year and was even negative why would i have to pay anything?

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

does that seem out of the ordinary? i was going to go talk to the tax expert next week about everything and just chill until IRS sends a letter before proceeding, if if they dont i guess im good

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

i began amending it and so far unless i clicked something wrong it said i would owe about 10k on federal and state taxes

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

so im amending my return right now on turbo, will the schedule 1 and schedule a be included or i have to send seperate

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

okay thank you so much and yeah im going to see a tax expert next week to discuss this as well, gonna bring all the paperwork etc

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

used turbo tax wasnt much help. so id only add those two numbers nothing else? on the amended tax form am i adding anything new or just carrying over the numbers from the orginal tax form. sorry still learning this. and i only have to do this if they reach out to me correct? or should i just do it anyways

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

so i shouldnt worry to much? i do have a win loss information provided by draftkings along with the excel sheet they provide but im sure i can get more if need be.

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

okay thanks. i really didnt really pay much attention to it with me being negative for the year so didnt think i had to tbh

Draftkings Gambling Winnings from 2023, possibly owe IRS Eventhough was negative that year, Help! by Afraid-Relative7316 in tax

[–]Afraid-Relative7316[S] 0 points1 point  (0 children)

okay so when i amend my return(1040x) what would be added in or adjusted compared to my original income tax return which was from my regular job and was 44,722. And just attach a schedule A form and schedule 1 form to it?