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Justin won $1,000 at Lucky Casino and $1,350 at Riverboat Casino. His losses for the year at Lucky Casino were $2,000 and his losses at
Justin won $1,000 at Lucky Casino and $1,350 at Riverboat Casino. His losses for the year at Lucky Casino were $2,000 and his losses at Riverboat were $800. He also spent $100 for lottery tickets without winning anything. How much can he deduct on Schedule A (Form 1040), Itemized Deductions, for gambling losses
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Fundamentals Of Oil And Gas Accounting
Authors: Charlotte J. Wright, Rebecca A. Gallun
5th Edition
1593701373, 978-1593701376
