Question:

Play and win $1500 taxable jack pot/ But that night you played?

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$3000 and won and lost many non tax able small pots that are not taxed. Even if you only started with $500, Even if you came home with $2000, you still lost $1000. How would you figure tax

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2 ANSWERS


  1. if you played with a players card the casino can give you a win/loss statement that can be used to do your taxes.


  2. u cam write off gambling losses aganst gambling wins but u have to itemize in order to do that

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