MY GAMBLING WINS: the "VA" wants to deduct from my pension/so far, unable to substantiate my losses: HELP ?
I love to gamble; play the slots as often as I can, my limited income permitting. Am a retiree, 75 yrs. old, and receive a "non-service" connected, Disability Pension from the VA. This accounts for approximately 1/3 my monthly income – the remainder is from SSA.
Any income in addition to the SSA reported to the IRS, the VA wants to deduct from my pension. The law requires that any gambling wins over a specified amount – in my case, a slot win for over ,000 in 2007 – be reported.
The VA keeps tabs on these; but it usually takes 2-3 years for them to process, and then act on them. I’ve received such an action notice recently; and am in the process of gathering my documented losses: the VA accepts them to nullify the otherwise would be deductions. I have to contend with them nearly every year over these issues.
THE SITUATION: any Casinos that offer a "Card Club Membership" – an electronic recording system of amounts wagered/returned – offers thereby documented Win/Loss statements to a holder – and if one has these, the VA will accept them, and then there’s no problem.
But the particular casino where the JP was won, doesn’t. They will only give a patron a W/L recording card; and it’s up to the wager from that point on. I moved recently from one apartment to another in the complex where I’ve lived for the past 9-10 yrs.; and now, unable to locate the recording card on which I had kept a record of my W/L there.
I do have a computer print-out W/L statement from another casino – one which is now defunct – but it shows W/L for all the years I patronized it, and is dated for 2008(the only record(s) they could offer me, because of the idiosyncrasy of their set up); and shows amounts loss that would more than cover the 2007 JP won, at the aforementioned casino. I have not yet submitted this to the VA. Really not sure what to do.
There is an organization called AM-VETS(American Veterans), that has assisted me in the past with Gambling Wins/Losses litigation with the VA; but they don’t know what best to do either.
Any suggestions? Recommendations? Would really appreciate your thoughts on the matter.
Thank you,
Alberich
Thanks anyway MLL: it’s the thought that counts.
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"joe c": forgot to thank you for thanking me for serving our country.
I’m certainly glad that I did, and proud to have done so – but would have to admit, that I sure wouldn’t have cared for a repeat: a definitely "thank you", but, NO THANK YOU.
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"joe c": many thanks for your response. But afraid you’ve misconstrued my life situation.
I live on a fixed income; and to declare my gambling as a business – aside from the fact that I could in no way afford the declaration fee – would have an utterly disaterous effect on the governmental subsides I receive: so that it would not be a practical option for me.
If you don’t mind, have made you a contact; and should you wish, please feel free to email me – seems we may have some things in common.
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"joe c": forgot to thank you for thanking me for serving our country.
I’m certainly glad that I did, and proud to have done so – but would have to admit, that I sure wouldn’t have cared for a repeat: a definitely "thank you", but, NO THANK YOU.