A W-2G is still triggered at a threshold of $2,000 in winnings, under the proposal being negotiated in the state legislature. North Carolina sports bettors will be allowed to deduct their gambling losses under revised rules being negotiated as part of a proposed state budget, WRAL in Raleigh reported over the weekend. The change would […] The post Gambling Loss Deductions Allowed Under Proposed North Carolina Budget appeared first on Gambling Insider.
Source: Gambling Insider →