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Level 7
December 6, 2019
Solved

Gambling losses in 2018 will rarely be deductible since most people won't itemize, right?

  • December 6, 2019
  • 3 replies
  • 17 views
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Best answer by TaxGuyBill

Correct, gambling losses are not deductible unless you Itemize, and fewer people will be Itemizing in 2018.

3 replies

December 6, 2019

Correct, gambling losses are not deductible unless you Itemize, and fewer people will be Itemizing in 2018.

IRonMaN
Level 15
December 6, 2019
For federal - the deduction still could be there for the state.
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