Are gambling losses tax deductible? -

you may have Gambling losses

Let's talk about deductions Can you write off gambling losses? You cannot net out your winnings with your losses, no You also cannot deduct

can you buy lottery tickets with debit card in texas Gambling losses are deducted on Schedule A as a miscellaneous deduction and are not subject to a 2% limit This means that you can deduct all losses up to the

can you win the lottery online Gambling Losses can be reported on the gambling winnings screen if those Otherwise, they are reported in the return as Itemized Deductions