Gambling winnings on Fanduel. w2g is 143000. Amount played 593000 amount won 582000. Can you claim the amount played and subtract amount won or do you claim 143000. client says he did not receive that much.

Forum|Forum|1 month ago
May 8, 2026
3 replies
0 views

No text available

ProSeries Basic

Level 15

I'm not overly familiar with Fandual, but at first guess, it doesn't really seem like there can be any kind of 'session' reporting for that kind of thing.

If that is the case, with that information you provided it seems like you claim $582,000 as gambling winnings on Schedule 1. Then report $582,000 ($593,000, but limited to the winnings) as an Itemized deduction on Schedule A.

J

JONI9611Author

Level 4

So I would put in w2g for 143000 add additional to add up to 582000 and put 582000 as a itemized deduction

T

Terry53029

Intuit Community Champion

Starting in 2026 you can only itemize 90% of your winnings, and like Bill said you claim all winnings gross, and if you itemize you put losses up to winnings on schedule A

BobKamman

Level 15

I found this using AI Slop. Not sure where it came from, but it's worth researching the IRS definition of a "session" for online gamblers.

Daily Netting: You can treat all winnings and losses on FanDuel in a single 24-hour period (or from logging in to logging out) as one session to determine your net profit or loss for that time.

Sign up

Login with SSO

Let's get you signed in

Login with SSO

Scanning file for viruses.

This file cannot be downloaded