Stop ignorning my actual point. Ignore the memo for a second.this in plain text word for word from the IRS revenue rule. WHICH IS TAX LAW.See Rev. Rul. 83-103, ...
this in plain text word for word from the IRS"In ordinary parlance, a wagering “gain” means the amount won in excess of the amount bet(basis). See Rev. Rul. 83-...
no the revenue rule i posted is not referencing slots. That is a memo.If you actually look at the revenue rule it is clear. Go look up that EXACT revenue rule i...
This has not always been the rule, this has been what you believe to be the rule.It is literally defined in the TAX CODE. Basis of a Wager is excluded from Wage...
