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Video tutorial: Mastering the morongo win loss statement

there is a roulette strategy that is designed to exploit the roulette layout in this video Ill explain how the layout has uneven discrepancies that 99 of roulette players have probably never noticed even myself as a dealer has spent years standing at a roulette table didnt spot these discrepancies until a seasoned roulette player introduced me to this very clever roulette system stay with me until the end of the video because Ill explain exactly what he did every day of his 10-day cruise to walk off the ship with over 3 500 in profit now before I introduce this roulette system to you be aware its not a foolproof guaranteed way to win at the roulette table but it certainly is a clever system that I watched Ride My manager crazy so what makes this roulette system so clever and what is it about the roulette layout that I was oblivious to for so long take a close look at the roulette layout now pay particularly close attention to the columns as you already know every column has 12 nu

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Absolutely, just make sure it includes all wins and losses separately and is not a combined number. You should show your gambling winnings as income and then your gambling losses as an itemized deduction, if you qualify.
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Official tax documents (W-2G, 1042-S, or 1099) are issued for individual jackpots and other gaming winnings over a certain amount; you should be given a copy of these forms at the time the winnings are awarded. This is not the same as an annual win/loss statement.
A win/loss statement is a report or letter from a that summarizes a persons gambling activity. Typically, such reports total the gamblers activity by year, activity, and location.
What is the difference between Win/Loss Statements, W2G's and 1099's? A. Win/Loss Statements have a net win or loss of a single players account during a specific year. W2G is the reportable tax amount given to the IRS.
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People also ask

If you're audited, your losses will be allowed by the IRS only if you can prove the amount of both your winnings and losses. You're supposed to do this by keeping detailed records of all your gambling wins and losses during the year.
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Points for cash back expire after 6 months of inactivity. MCRS employees are not eligible to participate. Management reserves the right to modify or cancel Morongo Reward member benefits and/or policies at any time without notice.
A Win/Loss statement is a report that provides an estimated play (amount of money that is won and loss) for the calendar year based when a Players Club card is properly inserted into the gaming device during play.
Casinos offer a win-loss statement for their slot players that itemizes coin-in and coin-out, but vary in their player-tracking policies for other types of play. The will give you a copy of the gambling win, on Form W-2G and send a copy to the IRS.

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