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  1. 1099-MISC Gaming Winnings: Deducting Losses Explained

    Customer: I received a 1099-MISC form from an online gaming service, WorldWinner. They seem to categorize their offerings as contests rather than gambling and reported $2,866 in 'winnings' to the …

  2. Gambling Losses Deduction for Non-Winning Entry Fees

    Customer: I have a question regarding Worldwinner online gaming: I received an account statement with four lines: 1. Cash and merchandise winnings; 2. Entry fees associated with the winnings; 3. Net …

  3. I have a 1099 Misc from worldwinner gaming site. I know ... - JustAnswer

    I have a 1099 Misc from worldwinner gaming site. I know that I need to report this income but do not know if i amIf you have not designated yourself as a professional gambler, then the income should …

  4. 1099 Income From WorldWinner.com Losses: Tax Filing Help

    Played tournament video games for cash at worldwinner.com. I just received a tax form from them stating that those Accountant's Assistant chat Customer: Hi, played tournament video games for …

  5. i received a 1099-misc from worldwinner.com but my losses ...

    i received a 1099-misc from worldwinner.com but my losses far exceed my winnings. they sent me the 1099-misc for misc income. how do i offset this with my losses.

  6. I have been playing games legally for cash on a website named ...

    Customer: I have been playing games legally for cash on a website named Worldwinner.com. Worldwinner.com reports all of my winnings to the IRS each year and they send me a 1099 for my …

  7. Can i itemize deductions for cash entry fees paid to worldwinner?

    Can i itemize deductions for cash entry fees paid to worldwinner?Yes, you can deduct the total cost of the entry fees paid from your total winning. Report the total winning on Form 1040 as other income …

  8. What computer is the best for playing worldwinner games? What other ...

    Customer: What computer is the best for playing worldwinner games? What other equipment (such as a better mouse) will make me more competitive?

  9. My computer said in web page worldwinner.com in sing in area…

    Oct 25, 2010 · My computer said in web page worldwinner.com in sing in area "Intenet explorer has encounterd a problem and - Answered by a verified Tech Support Specialist

  10. Bingo Winnings Reporting Rules For Payout Organizers - JustAnswer

    When paying bingo winnings, the organizer must report prizes of $600 or more to the IRS using Form W-2G. Provide winners with a copy for their tax records. Maintain accurate records of each winner’s …