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Jackpot! New tax rules for gamblers let pros deduct losses -

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Fri, 17 Feb 12 9:34 PM | 266 view(s)
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Jackpot! New tax rules for gamblers let pros deduct losses -

Money Clip

Professional gamblers can take advantage of new tax rules that let them deduct their gambling losses against their incomes. But beware: the IRS will be watching for amateurs trying to pass as pros.

Personal Finance Editor Lauren Young talks gambling in this Money Clip tax tip.

link-
http://www.reuters.com/article/video/idUSTRE81F1EZ20120217?videoId=230332491





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