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  1. Win prizes with Cartoon Network! Play games and quizzes and answer questions for your chance to win free stuff. Enter Cartoon Network competitions here.

  2. Often that confusion is linked with a statement such as “I didn’t spend X on slot machines” because of a misunderstanding of the data that is there. So let’s take a look at a win loss statement and see how to read the elements that are there.

  3. Request a statement of your play. To request a statement of your wins and losses for tax purposes, please submit a separate request for each year that you require a statement for. Requests may only be made for the last 5 years.

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  5. However, the Internal Revenue Code and supporting IRS precedent do not provide any specific guidelines on when a gambling activity begins and ends to determine whether the particular activity resulted in a win or a loss. The purpose of this article is to examine what precedent there is.

  6. A Win/Loss statement is a report that provides an estimated play (amount of money that is won and loss) for the calendar year based when a Players Club card is properly inserted into the gaming device during play.

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