The Tax Professionals Blog — gambling

Any Gambler's In Your Tax Practice Clientele?

Posted by Lee Reams II on

If so, you should take note of a tax court case (Hom (DC CA /6/4/2014)) decision requiring an on-line gambler to file an FBAR for an on-line gaming account with an out-of-the-country on-line casino. He was fined for not making an FBAR reporting of his online account and the tax court sided with the government.

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