ive read this whole thread twice now and the answer is wait until after the midterms and hope
im going to be honest, i dont have a plan for the other branch. i've been telling myself all week that the committee vote meant it was sorted
no middle is not as reassuring as you think it is. im not in a position to absorb the disaster branch. thats the whole thing. people keep explaining the mechanism to me like understanding it helps
somebody tell me im reading this wrong. 90% thing came in january. it applies to everything ive done all year. i report all my winnings and i can only deduct 90% of my losses, and theres no carryforward so the missing 10% is just gone
i tracked my year properly for once. im down on the year...
want to say something and i know how it sounds. part of why im on there is that nobody stops me. no limit, no email asking if im ok, no deposit trigger, no seven day review. i can size whatever i want at three in the morning and theres nothing between me and the button.
everyone in this thread...
hold on. if the supreme court goes the other way what happens to money i have on there right now. does it just get voided. because ive got positions running into october and i need those fr
so practicaly keep every single piece of documentation for 2026. session logs, withdrawal records, screenshots of win/loss statements from every book. because the 10% of losses you can't deduct at least needs to be clearly established or the IRS just sees gross winnings with no offsetting losses...
yep @conker and that's exactly me. mortgage so i itemize. enough gambling volume that the deduction was always meaningful. been filing properly for years because i read that you have to and the downside of not doing it is worse. and now the 10% haircut on a break-even year is going to sting
what...
so its july which means we're six months into the 90% gambling loss deduction cap and i haven't seen much discussion about what it's actually doing to people filing taxes properly. so if anyone who missed it - the one big beautiful bill act signed july 4 last year included a provision that caps...
if i were you chapman as had england 78.8% possession and zero goals in that game. somehow i ended on england to score in the first half at +180 and phew 💸💸