Start For Free

Fast, Secure, and Always Accurate!
Help Categories

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

Examples of Items to Report as Other Income

. * Prizes and awards. * Gambling winnings, including lotteries, raffles, a lump-sum payment from the sale of a right to receive future lottery payments, etc. For details on gambling losses, see the instructions for Schedule A , line 28, on page

What do I do with this tax form I received?

Mortgage Interest Form W-2 Wages and Earnings 1099-C Cancellation of Debt 1098-E Student Loan Interest Statement Form W-2G Gambling Winnings/Losses 1099-DIV Dividends and Distributions 1098-T Tuition and Fees Schedule K-1 (Form 1041

Examples of deductions and credits that are available in TaxSlayer

as "Miscellaneous Deductions". These include: * Amortizable premium on taxable bonds * Federal estate tax on income in respect to a decedent * Gambling losses (up to the amount of the gambling winnings you reported * Impairment-related work expenses

Itemized Deductions - An Overview

. Miscellaneous Deductions Miscellaneous deductions include expenses for items such as tax return preparation, safe deposit box rental, investment fees, gambling losses (you can only deduct losses up to the amount of the total winnings that you

Oregon Additions to Income

of reinvested capital gain. 14. Partnership or S corporation modifications for Oregon. 15. Prescription drug plan subsidies. 16. Schedule A deduction addback for Oregon subtractions. Gambling losses claimed as itemized deduction. Oregon only

California Subtractions from Income

: Make no adjustment for lottery winnings from other states. They are taxable by California. California and federal laws allow gambling losses only to the extent of reported gambling income. If you reduced gambling income for California