Archive for the ‘Gambling, Winnings & Losses’ Category.

Five Tax Tips for Gambling Income and Losses

Gambling Income and Losses Report any gambling winnings as income on your tax return. Be sure you itemize to deduct gambling losses up to the amount of your winnings. If you are a casual gambler, these tax tips can help: Gambling income.  Income from gambling includes winnings from t...

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Member and Featured Faculty of

Member and Featured Faculty of