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How do I report gambling winnings and gambling losses?

on gambling income and losses: Reporting winnings: The full amount of your gambling winnings for the year must be reported on line 21, Form 1040. You may not use Form 1040A or 1040EZ. This rule applies regardless of the amount...

What is a W-2G? Gambling Winnings and Losses and How to Report

may not use Form 1040A or 1040EZ. This rule applies regardless of the amount and regardless of whether you receive a Form W-2G or any other reporting form. If you itemize deductions, you can deduct your gambling losses for the year on line 28...

Form W-2G: Gambling Winnings

gambling, you can generally list your losses as a deduction to help reduce your income and lower your tax bill. To enter your gambling losses in our program go to Deductions > Enter Myself > Itemized Deductions > Miscellaneous Deductions...

Overview of Casualties and Losses

of all necessary facts. For more information regarding casualty losses of personal-use property and how to deduct them, refer to Publication 547 , Casualties, Disasters, and Thefts . If your business or income-producing property...

Wisconsin Addition to Income - Farm Losses

An Addition to Income may be required if farm losses were deducted on your federal tax return and you were NOT actively engaged (explained later) in the farming operations that produced those losses AND your nonfarm Wisconsin adjusted...

Illinois NonResident and Part Year Taxable Capital Gains and Losses

Use the following worksheet to calculate the Illinois portion of capital gains and losses. Income Apportionment Formula (IAF) Worksheet: ________________________ / __________________________ = ________________________ Total Sales Inside...

Illinois NonResident and Part Year Taxable Other Gains or Losses

Use the following worksheet to calculate the Illinois portion of Other Gains/Losses from business. Illinois Apportioned Income Worksheet: ________________________ / __________________________ = ________________________ Total Sales Inside...

Illinois NonResident and Part Year Taxable Business Income or Losses

Use the worksheet below to calculate the portion of Illinois Business income or losses that needs to be included on your Illinois return. If there is more than one business, you will calculate each business separately and then add...

New Jersey Income Subject to Tax

determines taxability. Enter on Line 23 the amount of your net gambling winnings. You may deduct your gambling losses from your winnings that occurred during the same year. You may use New Jersey Lottery losses to offset other gambling...

Pennsylvania Additions to Income

Documenting Gambling and Lottery Winnings and Losses - Taxpayers claiming gambling winnings and losses must be able to document their winnings and losses. This documentation should not be included with your return, but may be requested...