So I am confused - am I still reporting or not reporting?
Here is my example. I have 109 K in wins - but I am overall 120 K in losses. So I can report the max up to 109.
Because I used Paypal, my transactions are showing 323K from going back and forth, which includes the gambling winning in a w2. But overall I am at a loss and do not have 323K in my account, this comes from the constant deposits and withdrawals of the same money.
So I am unsure how to go about reporting the 1099k.
