Quote:
Originally Posted by MoneyGuy
I'm not an accountant but I'd think they are deductible only if you do this professionally, but then you'd have to also declare your winnings. If you lose money for a few years then I'd expect they'd deny the deductions. If you don't do this professionally then it's not deductible. This being a charity event shouldn't change anything, I'd suspect.
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Well if you get a receipt for a donation then you can deduct it. I obviously don't do this professionally (and this year it was completely a donation as I don't think I even won a hand
)