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Allocating W-2G's to a Schedule C
My wife I decided to go professional as gamblers. We create more income from gambling that our other two businesses. When gambling, any amount you win in excess os $1,200 creates a W-2G. Since we call the business one name, I filed only one Schedule C. Obviously, we both received many W-2Gs. QUESTION: Can I report the winnings from both of our W-2Gs in the one Schedule C?
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‎June 28, 2021
10:01 AM