Gambling losses on a joint return

How Do I Claim My Gambling Winnings and/or Losses? | Internal Revenue Service

Gambling losses should just offset my gambling winnings ... So, it is possible for the gambling losses to offset your winnings but increase your tax bill anyway. ... The standard deduction for a joint return is $24,000. How Do I Claim My Gambling Winnings and/or Losses ... Employer's Quarterly Federal Tax Return. ... How Do I Claim My Gambling Winnings and/or Losses? ... Amount of your gambling winnings and losses. Deducting Gambling Losses | Nolo

In the case of a husband and wife filing a joint return, the combined gambling losses of the spouses are allowedThe Supreme Court has ruled that a professional gambler is entitled to deduct gambling losses as a trade or business expense. The fact that the taxpayer did not offer goods or services to...

anyone ever claim gambling losses on tax return? | Yahoo… Another thing the IRS will look at is if you only report what was won that was reported on a 1099, they will wonder what you won that was not reported as income.

I won 32k in gambling. How much can I show in my …

Can You Claim Gambling Losses on Your Taxes? - TurboTax Gambling losses are indeed tax deductible, but only to the extent of your winnings. This requires you to report all the money you win as taxable income on your return. However, the deduction for your losses is only available if you itemize your deductions. How to Deduct Gambling Losses on a Federal Income Tax Return ...

Gambling Loss Deductions Broadened Under New Tax Law…

Can You Claim Gambling Losses on Your Taxes? - TurboTax ...