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June 6, 2019
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Gambling losses

  • June 6, 2019
  • 1 reply
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Im not sure what I can include as my gambling loses? If I have check stubs for paying for bingo is that ok?
Best answer by MargaretL

Yes, check stubs are sufficient forms of proof for your gambling expenses and you can include your gambling losses (up to the gambling winning amount) as long as you can substantiate your losses. 

  1. Federal taxes
  2. Wages and Income
  3. Scroll down to Less Common Income
  4. Select Gambling Winnings - please follow the prompts. You will be asked if you received form W-2G as that's how winnings are usually reported. But - if you have not received the form- select Skip; the program will ask about winnings not reported on Form W-2G. Only then you can enter your gambling losses.

1 reply

MargaretL
MargaretLAnswer
Employee
June 6, 2019

Yes, check stubs are sufficient forms of proof for your gambling expenses and you can include your gambling losses (up to the gambling winning amount) as long as you can substantiate your losses. 

  1. Federal taxes
  2. Wages and Income
  3. Scroll down to Less Common Income
  4. Select Gambling Winnings - please follow the prompts. You will be asked if you received form W-2G as that's how winnings are usually reported. But - if you have not received the form- select Skip; the program will ask about winnings not reported on Form W-2G. Only then you can enter your gambling losses.
September 3, 2024

I've entered my winnings based on W2-G but it's not giving me an option to enter gambling losses.  Can you please provide specific location to enter losses

 

September 3, 2024

never mind, I found it