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Old 02-13-2008, 03:31 PM
Port Conway Lane Port Conway Lane is offline
Randwyck
 
Join Date: Apr 2007
Posts: 1,463
Default Tax Question

I won $5,000 in a free online contest. Can I write off $1,800 in gambling losses against that? Because the contest was free I thought I couldn't but called h&r block and the guy said I could but it wouldn't be worth it unless I had enough itemized deductions on schedule A blah blah blah. I have nothing to itemize and didn't quite understand what he was trying to tell me. Any tax experts out there ? Thanks
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