Marc Mancini v. CIR
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June 29, 2021
Man's Gambling Losses Not Deductible, 9th Circ. Says
The U.S. Tax Court correctly held that a man could not deduct his gambling losses as casualty losses, the Ninth Circuit said Tuesday in a memorandum opinion.
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November 18, 2020
Man Implores 9th Circ. For Gambling Loss Deductions
A California man told the Ninth Circuit that he should be able to claim around $603,000 in gambling losses as casualty loss deductions because the losses were sudden and a side effect of medication he was taking.
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August 31, 2020
9th Circ. Told Man Can't Claim $603K In Gambling Deductions
A California man can't claim nearly $603,000 in tax deductions for gambling losses because the federal tax code bars deductions for losses that exceed winnings, the U.S. government told the Ninth Circuit.