Gambling
PG-8 Rejected Veterans
Surrendered Life Ins
IRS Schedules
1099s
100
Form gambling winnings reported on.
What is W-2G?
100
Date PG-8 relaxation regulations took place.
What is June 15, 2009?
100
Form surrendered life insurance will be on.
What is 1099-R?
100
Stocks/Bonds.
What is Schedule D?
100
Form 1099-C
What is Cancellation of Debt?
200
Locations winnings won from such as Price is Right, Wheel of Fortune, Let's Make a Deal, etc."
What is Gameshows?
200
What is the percentage permitted above MTT/GMTT.
What is 10%?
200
Box number for to count as income for surrendered life insurance.
What is 2a? "2a will show amount above and beyond paid premiums"
200
Business income.
What is Schedule C?
200
Pensions, Annuities, Retirement or Profit Sharing Plans, IRAs, Insurance Contracts, etc.
What is Form 1099-R?
300
Only individual for VA purposes who do not have to provide proof of gambling losses.
Who is Professional Gambler? ***************Bonus**************** What must the professional gambler provide?
300
The ten percent is automatically considered in the ......
What is TGHHI/information provided by IRS/SSA?
300
What box represents paid premiums.
What is box 5? "Box five will show the actual amount of premiums paid (cost basis) for surrendered life insurance policy".
300
Farm income.
What is Schedule F?
300
Miscellaneous income.
What is Form 1099-MISC?
400
Preferred proof of gambling losses.
What is win/loss statement (could be tickets, stubs, win/loss statements, credit card statements, etc.)
400
Veteran with income outside of the MTT/GMTT.
What is not eligible for VA healthcare (Rejected - not terminology used when speaking to IV Veterans because they have already received the care and were eligible).
400
Cancellation of life insurance. Termination of life insurance contract. Early death benefits paid to policy holder.
What is Surrendered Life insurance?
400
Rental real estate.
What is Schedule E?
400
Medicare premiums found on this form.
What is Form SSA-1099?
500

Form other than W-2G gambling winnings reported on.

What is Form 5754 (page 261 "How is Gambling reported")

500

This is stamped in the case history comments and notifies CM/PSA Veteran will not be rejected.

What is "PG-8 Veteran"?

500
If Veteran received monies in previous years, send RCCL asking for
What is proof of loan?
500
Itemized Deductions
What is Schedule A? Includes medical and dental expenses; however, VA requires proof paid OOP and non-reimbursed proof of these expenses.
500
Timber sale.
What is 1099-S?