Elaine5715

It is a myth since people believe it is a law.

Even if you had one drink per day, the full amount of the package gratuity goes into the tip pool and your actual server gets the same as everything other server onboard. If you charge drinks, that 18% goes to the servers who served you. Big difference.

Fun Fact-Many audits are triggered by unhappy relatives.

Were you audited?

You missed the point of the ruling which establishes sessions. If I am playing Dancing Drum and lose $500 and change machines, my session is over. That a "session". If I move to Bufffffaallllooooo and win $2000, get paid and go home. That's a session. Under the IRS session, my Buffalo win cannot be offset by my Drum loss. My accountant who is retired IRS said they disallowed every gambling loss during audits because only the pros could manage the documentation. The IRS's job is to collect taxes https://www.journalofaccountancy.com/news/2009/dec/20092454.html The actual ruling... The Tax Court held in a memorandum decision released Monday that taxpayers who were casual gamblers recognized wins or losses when they redeemed their tokens and that they could not net their wins and losses across the year ( Shollenberger , TC Memo 2009-306). In this decision, the court accepted the IRS’ methodology for determining wagering gains and losses, which the Office of Chief Counsel put forth in a legal memorandum in 2008 (AM 2008-011). The taxpayers in the case were a married couple who gambled occasionally at a casino in the small town of Charles Town, W.Va. On March 29, 2005, the husband hit a $2,000 jackpot at a dollar slot machine. The couple continued gambling and lost $400 from the jackpot; they left the casino that day with $1,600 in winnings. They did not report any gambling income on their tax return for 2005, and the IRS issued a deficiency notice for $2,000 in unreported gambling winnings. IRC § 165(d) states that “losses from wagering transactions shall be allowed only to the extent of the gains from such transactions” but does not provide a technical definition of the terms “gains” and “losses.” As AM 2008-011 explains, the term “transactions” in section 165(d) could mean every single play in a game of chance or every wager made. That interpretation would require a taxpayer to calculate the gain or loss on every transaction separately and treat every play or wager as a taxable event and also to trace and recompute the basis through all transactions to calculate the result of each play or wager. Because that method would be “unduly burdensome,” the IRS legal memo allows a casual gambler to recognize a wagering gain or loss at the time he or she redeems tokens. At trial, the IRS conceded that under that method, the taxpayers should have reported $1,100 in gambling winnings rather than the $2,000 in the deficiency notice. According to the court, the lesser amount would be calculated as follows: $2,000 in jackpot winnings minus $500 in wagering money originally brought into the casino by the taxpayers minus the $400 lost by the taxpayers after the jackpot that day. The taxpayers argued that they should be allowed to offset their gambling winnings with $2,264 of other gambling losses that they claimed to have incurred in 2005. Because section 165(d) uses the term “transactions,” the court held that the taxpayers could not net their gains and losses throughout the year. Instead, the court accepted the IRS’ treatment of transactions as occurring when the gambler cashes in his or her tokens at the end of play and held the taxpayers to have $1,100 of unreported gross income for the year. According to the court, to allow the taxpayers to net gains and losses throughout the year would defeat the purpose of IRC § 63, under which losses of casual gamblers are allowable only as itemized deductions.

Doesn't work that way

A w/l statement especially from Carnival is a sum +/- per cruise so worthless. If it was a tax document, you would need to claim income on any cruise that you came out ahead, regardless of whether you got a hand pay. Hospital bills also need to be detailed, not a lump sum.

You could just all wear a "pineapple" pin 🤭

It is pretty difficult to document gambling losses to withstand an audit. A contemporaneous journal is required, not a complied win/loss statement. Your winning W2-G will identify the exact slot machine that paid so you must also keep a record of the slot machines you lost.

Win/loss reports are not tax documents.

That "switch" would mean the casino player (you) was not in the room booked under the offer. If you can't switch people before boarding without lost of perks, you can't do it after boarding. You just need both parties present to ask for the extra room cards so you aren't stalking someone

Creating its own disaster The phrase was popularised by its usage on RMS Titanic.[14] Second Officer Charles Lightoller suggested to Captain Smith, "Hadn't we better get the women and children into the boats, sir?", to which the captain responded: "Put the women and children in and lower away."[15] The first and second officers (William McMaster Murdoch and Lightoller) interpreted the evacuation order differently; Murdoch took it to mean women and children first, while Lightoller took it to mean women and children only. Second Officer Lightoller lowered lifeboats with empty seats if there were no women and children waiting to board, while First Officer Murdoch allowed a limited number of men to board if all the nearby women and children had embarked.[16] As a consequence, 74% of the women and 52% of the children on board were saved, but only 20% of the men.[17] Some officers on the Titanic misinterpreted the order from Captain Smith, and tried to prevent men from boarding the lifeboats.[18][19] It was intended that women and children would board first, with any remaining free spaces for men. Because not all women and children were saved on the Titanic, the few men who survived, like White Star official J. Bruce Ismay, were initially branded as cowards.[20]

Fascinating discussion..thank you to our CC experts. The Captain going down with the ship concept probably came from the same myth of "Women and Children First.

Yes. They know this game. You can get extra room only keys but you booked casino offers

Also depends if it was Guest 1, Guest 2, Guest 3 or Guest 4