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5 replies

abctax55
Level 15
April 5, 2023

They aren't showing up on Sch A?

HumanKind... Be Both
IRonMaN
Level 15
April 5, 2023

You listed more losses than winnings?

Slava Ukraini!
PATAX
Level 12
April 5, 2023

 I just did one and no problem. Pro series has always done excellent job on this both for federal and Pennsylvania.

IRonMaN
Level 15
April 5, 2023

ProConnect 😉

Slava Ukraini!
sjrcpa
Level 15
April 5, 2023

You  have to itemize deductions to claim gambling losses.

Winnings still show up as taxable on the front of the return.

The more I know the more I don’t know.
George4Tacks
Level 15
April 6, 2023

@tax123abcdefu I think what you are hoping for is for the losses to be an adjustment to income.  That went away a long, long, long time ago.

$4,000 winnings and $3,000 losses net out to only $1,000 income. NOT ANY MORE. 

Answers are easy. Questions are hard!