NFBC Message Boards

It seems we have a few answers. Hobby income(Schedule A) or Business expense (Schedule C).
Stinks that the answer is not more black and white. Makes it more confusing

I wanted to write off the expenses like the entry fees etc but he says since the 1099-MISC has the box other income checked, this is considered a prize not gambling. Prizes are like any sweepstakes or raffle you win where you have to pay taxes and there is no write off. How do you actually write it ...

Can anyone help out with advice on doing taxes? When you get a 1099-MISS from nfbc, my accountant is telling me I CAN'T write off the winnings because it is considered a prize not gambling wins. I thought I could write off the expenses like the entry fees etc. Any advice?

Tom

Put Erik Sudigala down and my guest for the tour.

Same price point. Once you lose the guys, you can't replace them. Sounds fun to get us to March

Going to escape competing against Zazie who dominated in las vegas last year. Going back to Citifield. Will miss Vegas and seeing Rich Gannon make picks or not. Good luck guys.

Are these just new $150 slow drafts? Or are these the only ones for the Slow draft championship? Do the prior slow drafts all count toward the championship also?

I would prefer $50 for a side contest.

Greg

For the $150 slow draft, Mr. October is

Erik Sudigala, Saratoga Springs NY

Greg

Put me down for the next $150 draft. Dying for Spring Training to start

I'm in. Slow Drafts are another angle of fantasy baseball.