So You Want To Deduct Your Gambling Losses?

If you are going to deduct gambling losses, you must have receipts, tickets, statements and documentation, such as a diary or similar record of your losses and

Gambling losses up to the amount of gambling winnings may be deductible if you itemize You can claim your losses as “other itemized deductions:

canadian wild slot As for gambling losses, you can deduct them as an itemized deduction, although they can't exceed the winnings you report as income The

can you re raise in poker For 2020 and prior the Michigan Income Tax Act has no provision to subtract your losses on the Michigan individual income tax return You cannot net the