Question
Gambling Losses
I have a client with $15,895 in W2-G gambling winnings. I tried to write off the entire amount as gambling losses on miscellaneous Schedule A deductions called gambling losses. The tax return keeps getting rejected with error code SA-F1040-025. This error code states that the miscellaneous deductions must be smaller or equal to the winnings. So I reduced the the gambling losses by one dollar to show a one dollar gambling profit and the return was rejected again. Has anyone else had this problem?
