Thank you! I still feel like I’m doing something wrong here. According to my understanding, the online Sportsbook (DraftKings) only sends out 1099s if your net profit was $600 or above. We’re this the case, I would report the number on my 1099 and be done. Since my net was actually negative, I won’t be getting a 1099 but now need to calculate my sessions which will result in my owing way more than if I would’ve netted over $600 and received a statement. So I thought we weren’t supposed to report straight net, but isn’t that what the Sportsbook themselves are reporting?
