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#7
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I don't understand what you mean. Are you saying you have to list all your winnings on the front of your 1040 but can't deduct the loses on your itemized deductions? [/ QUOTE ] That is exactly what he is saying and it is true for state income tax in several states. I'm not familiar with Illinois in particular. Probably they rationalize it as a sin tax and a remedy for fabricated losses. |
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