How to prove slot machine losses

$1,200 or more on a bingo or slot machine, the casino must report the amount of cash winnings to the Internal Revenue Service (IRS). Casinos are also required to report the fair market value of prizes, such as cars or trips. Winners will be given a copy of Form W-2G showing winnings of $1,200 or more. Congratulations, You've Lost! How Slot Machines Disguise ...

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Jan 6, 2011 ... 4, and accused of exploiting a software 'glitch' within slot machines in order to ... the slot machine provider/developer liable for the losses incurred by ... not only is it impossible to prove, it also seems like it means that the rules ...

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3 Ways to Find a Loose Slot Machine at a Casino - wikiHow To find a loose slot machine at a casino, start by trying machines that are in high-traffic areas, since these tend to have better payouts. Next, check the payout percentage of the machine you’re playing on, either in the help menu or online, because a higher percentage means a higher likelihood you’ll win. So You Want To Deduct Your Gambling Losses? - Anderson Advisors One final tip: the deductions you claim for gambling losses do not have to be for the same type of wagering activity for which you have gambling winnings. For example, say for the year you won $800, all from a slot machine jackpot, and you have documentation to support $300 of slot machine losses.

So You Want To Deduct Your Gambling Losses? - Anderson Advisors

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Police reports prove NYC slot gamers are taking losses out ...