My wife gambles and runs up wining (gaines) but not more than the losses. The casino only reports the winnings. I have been using the schedule A to claim the losses. This means I loose the standard deduction and pay more taxes. Am I doing this property
I am a single person LLC in Fl. My wife is a part time employee that I compensate with reimbursement of medical insurance and medical copays and medications. What are the requirements and risk of audit with this deduction.