Feel free to jump in here and give it to Mr. Perlowski .. after all:
"Gene's answer was fairly consistent with what most people talk about when they discuss if winnings are taxable, most people simply say that if it does not generate a 1099 or W2G its not taxable."
As someone else said, my interpretation of the law is just mine. Why don't you tell that to Mr. Perlowski Bob?
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