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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (5524)1/31/2000 7:09:00 PM
From: Oblomov  Read Replies (1) | Respond to of 42523
 
Only the net winnings (winnings - losses) are taxable income. the U.S. used to have places like Steve is describing - they called them bucket shops, and they were outlawed in 1910 or so.




To: Ilaine who wrote (5524)1/31/2000 7:11:00 PM
From: Lucretius  Read Replies (3) | Respond to of 42523
 
beting losses aren't deductible? what am i going to do w/ this big loss on shares of EBAY? -g-