Closest casino to marysville wa
Closest casino to marysville wa
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You can write off gambling losses as a miscellaneous itemized deduction. While miscellaneous deductions subject to the 2% of adjusted gross income floor are not. However, you may include the gambling winnings in the non-illinois portion of schedule cr, credit for tax paid to other states. Note: only non-illinois gambling. You must separately keep track of losses. They're deductible, but only as itemized deductions. Therefore, if you don't itemize and take the. Claim your losses (up to the amount of winnings) as an itemized deduction. Depending on your status as a professional gambler or amateur, the government allows you to take deductions for certain gambling business expenses and gambling. The irs allows you to claim your gambling losses as a deduction, as long as you don't claim more than you won. Gambling winnings are reported as other income on line 21 of irs form 1040. While you may be able to deduct your gambling losses, gambling winnings are not. 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