Lee B Posted 12 hours ago Report Posted 12 hours ago Under the OBBB, only 90% of gambling losses will be deductible. I'm sure there are other tax tidbits that will pop up. Quote
kathyc2 Posted 11 hours ago Report Posted 11 hours ago Twitter was abuzz about that yesterday. Some guy was going on why if he won 400K but lost 500K why he now has to pay tax on the 40K. He didn't like my answer that it's a stupidity tax on people that throw away money gambling. 1 3 Quote
Catherine Posted 4 hours ago Report Posted 4 hours ago 6 hours ago, kathyc2 said: He didn't like my answer that it's a stupidity tax on people that throw away money gambling. Yeah, in general people don't like truth that makes them question their poor choices. 2 Quote
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