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Employee
June 1, 2019
Solved

I included a W-2G form that had a winning amount that I paid the fed and state taxes. Where do I report the losses?

  • June 1, 2019
  • 1 reply
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Where can I deduct the losses up to the winning amount on the W-2G form?
Best answer by Celery63
That data entry comes in the interview a page or two after you enter the winnings. Otherwise, type Gambling Losses  into the search box, click Find, then click Go. The losses are an itemized deduction only, they do not offset winnings one for one.

1 reply

Celery63Answer
June 1, 2019
That data entry comes in the interview a page or two after you enter the winnings. Otherwise, type Gambling Losses  into the search box, click Find, then click Go. The losses are an itemized deduction only, they do not offset winnings one for one.