Do you need to report gambling winnings if you didn't win over $300 per gambling session and you lost the same amount during each gambling session. example: bought in for $50, gambled for an hour, won $50 for a break even session? Never won over $300 at a time and never got a W-g form.Â
Hello, please note I am going to start the post with assumptions being made to avoid the discussion of issues not at hand: Regardless of your personal or professional opinion, filing both as an amateur or professional gambler will allow deducting all wagers made versus the wins regardless of if it is a land based, normal…
If I have gambling winnings w-2 to claim on my taxes and I also have gambling losses to claim, how do I file on FreeTaxUSA?
We file jointly, can both of us use win/loss tatements or only me?
I gambled online through the various sites, and I will be receiving multiple 1099 forms. Will I be able to file using this service?
I plan to itemize this year because I have about $17K in gambling wins. I've also lost quite a bit and plan to offset the wins with losses. I know how to enter the wins in the software, however, where to I enter the losses?
I played online gambling this year, my losses are more than my wins. I also have a child. Will I owe taxes or will I still get any tax refund back?
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