Tax refund... oh dear.... Page 3. Discuss Tax refund... oh dear...., on ChipTalk.net the place to go for your Poker chips and gambling tips. Read it in Custom Chips General.
Hmmm. Just because you don't get a W2G doesn't mean that you shouldn't claim the winnings on your taxes.
Keep in mind that you can write off the entry into the tourney you won and ALL gambling loses (blackjack, slots, poker, lottery, etc.) incurred during that tax year against those winnings.
Mike
Unless you itemize you can not claim loses and I called the IRS and you can not take out buy in or the tip.