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Get your taxes done using TurboTax
Will do. After meeting with him this week, he is fairly confident the IRS will view all money used to purchase SC packages can be itemized as a lose. When buying a package for 25 bucks but they give you 50 sc bucks, he believes 25 bucks of that will be viewed as free play due to the fact it is more than the dollar amount you put in. Unfortunately, not all social casinos provide detailed enough records for me to determine this for all of my gaming. I'm also paying a CPA with the law firm to file my taxes as this seems to be a convoluted gray area and if I can't write off losses I could be looking at upwards of 300k of alleged winnings that is not accurate due to the fact the social casinos lump in your purchases with your winning when you cash out.