THANK YOU SO MUCH! Wow, these instructions were amazing.
A few follow up questions:
- is there anywhere within irs rules that states that prizes that had a wager put down to get income can count as gambling winnings? I’m nervous that they will reject it.
- it’s ok to put that the gambling was a hobby, right?
- if I put my losses are the same as my winnings, will that raise red flags to the irs? Even if the amount is pretty material?
