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Old 07-04-2007, 12:05 PM
CincyLady CincyLady is offline
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Join Date: Nov 2005
Posts: 792
Default Re: Large THEFT! Rio Hotel Las Vegas 6/29/07

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"On the other hand, can you,at least, use the lost $32K for Tax write-off? (In another word, will IRS "buy" this as gaming lost?) "

contact a cpa. i dont think its a gambling loss.

[/ QUOTE ]

Yes, but I know from years of using tax cut, that there is a line on the 1040 long form asking if you have had any losses due to robberies and so on, that were not reinbursed by insurance.
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