Rolling over winnings?

[Deadheadz]

I have to say I am dubious about how fanduel report winnings.

Firstly it's only if you cash out and secondly it's done on net winnings.

The "capital gains" model?
Sure, if you want to look at high stakes fantasy as an "investment".

[BK METS]

I have to say I am dubious about how fanduel report winnings.

Firstly it's only if you cash out and secondly it's done on net winnings.

The "capital gains" model?
Sure, if you want to look at high stakes fantasy as an "investment".

Yeah, you would actually have to show a "profit". No worries for you, DH. Otherwise, the entry fees offset winnings, if you report it as a hobby. You cannot show a loss. Or at least that is what my CPA says.