Re: new to both taxes and poker
i wonder this too.. for instance, say i go to the bank, withdraw $10k cash, then go to foxwoods and lose like $8k or so.. i tell the IRS i lost $8k at foxwoods. but there's no record of it. so what do they do, take my word for it? also, what if i just withdrew the $10k and threw it into a safe and SAID i lost it at foxwoods. what is the difference?
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