Tax Rules for Gambling Income and Losses -

can you claim lottery losses on taxes
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Gambling losses up to the amount of gambling winnings may be deductible if you itemize You can claim your losses as “other itemized deductions:

For 2020 and prior the Michigan Income Tax Act has no provision to subtract your losses on the Michigan individual income tax return You cannot net the

can you buy lottery tickets with debit card in texas And, If you are a professional gambler, you may be able to claim gambling losses and deductions on your tax returns, and minimize your income — but this was

can i play online poker in california But you can deduct losses up to the winning amount on your tax return “Keep in mind, the standard deduction amount is very high, and most