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Deducting Gambling Loss to offset Winnings.

Mo Zandkarimi
Level 2

If taxpayer file MFJ and has no itemized dedudtion, deduct 15K gambling loss against 15K winning. If so where and how

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IRonMaN
Level 15

Schedule A.  But it won't do any good if they don't have enough other itemized deductions.


Slava Ukraini!

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1 Comment 1
IRonMaN
Level 15

Schedule A.  But it won't do any good if they don't have enough other itemized deductions.


Slava Ukraini!
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