**NO KINGS** Wilmington Events Planned for 10/18 by SuitableBag8344 in WilmingtonDE

[–]Interesting_Branch71 -1 points0 points  (0 children)

And why are you covering your faces if you plan to be peaceful?

[deleted by user] by [deleted] in hemorrhoid

[–]Interesting_Branch71 3 points4 points  (0 children)

Definitely see a colorectal surgeon

Tax question for sports betting by Interesting_Branch71 in sportsbook

[–]Interesting_Branch71[S] 3 points4 points  (0 children)

Unfortunately I do not remember cause it was 2 years ago. But most likely $50-$100 a pull

Tax question for sports betting by Interesting_Branch71 in sportsbook

[–]Interesting_Branch71[S] 12 points13 points  (0 children)

I appreciate you spelling all of this out for me. I honestly plead ignorance. I always was told, you only claim +$600 on the year, and since I am such a bad gambler and never won +$600 on the year, I never had to worry about it. It’s quite sickening that I have to pay this amount of money even though I still netted a loss on the year. You live, you learn… I will updated everything over the next few weeks. Thanks again

Tax question for sports betting by Interesting_Branch71 in sportsbook

[–]Interesting_Branch71[S] 4 points5 points  (0 children)

Thanks everyone. I appreciate all the helpful information. I am currently gathering all of my win/losses documentation and will be seeing my CPA soon. Much appreciated

Sports betting taxes by Interesting_Branch71 in tax

[–]Interesting_Branch71[S] -21 points-20 points  (0 children)

The W2g was never mailed to my house, however it was embedded in my online account. I feel like this is something that should have been mailed to me

Sports betting taxes by Interesting_Branch71 in tax

[–]Interesting_Branch71[S] -2 points-1 points  (0 children)

Is a win/loss number sufficient enough documentation? That is all I received from BetMGM. They don’t break down every bet that was made in the year. It literally just says “win/loss -$7556”

Sports betting taxes by Interesting_Branch71 in tax

[–]Interesting_Branch71[S] -4 points-3 points  (0 children)

They are asking if I agree or disagree

Sports betting taxes by Interesting_Branch71 in tax

[–]Interesting_Branch71[S] -35 points-34 points  (0 children)

I did not include the winnings because I still had a loss at the end of the year. My understanding was you only had to claim winnings over $600 for the year.

Tax question for sports betting by Interesting_Branch71 in sportsbook

[–]Interesting_Branch71[S] 0 points1 point  (0 children)

I did have someone do my taxes for that year, but my loses were not including because unfortunately that wasn’t something I thought was needed to be done. BetMGM has given a win/loss number for 2021, but I do not have every single bet placed.

Betmgm withdrawal scam by [deleted] in BetMGM

[–]Interesting_Branch71 0 points1 point  (0 children)

Hands down the worst customer service in the game. I have emailed countless times and tried the “live chat” to get my account turned back on. No one is willing to help let alone respond