With the recent stock crashes, shouldn't I be able to claim my 401K losses as gambling losses?

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  • 1 decade ago
    Favorite Answer

    If your accountant says go for it -- let me know!

  • Anonymous
    1 decade ago

    Gambling is a very big win or lose situation.

    Source(s): Its more easy to lose once it is gone its history.
  • 1 decade ago

    Hell, if I'd have known it was just money down the drain I would have blown it all on shots!

  • 1 decade ago

    LMAO!! Absolutely! If that works out for you, can you refer me to your accountant?

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  • Anonymous
    1 decade ago

    LOL, you earned this star!

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