Colorado gambling losses

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Losses from gambling may only be claimed up to the amount of gambling winnings for the same tax year.

Losses are reported on Schedule A as an Itemized Deduction on the Federal return. If you use the Standard Deduction, the loss will not be counted.

The Colorado State return starts with the same income as calculated on the Federal rerun. There is no additional adjustment for claiming the loss on the State return.

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MA State Return - got a notification that says "Sch Y, Gambling Losses should not be entered unless there are Gambling winnings on Schedule X" How do I enter in ScheduleX

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Colorado gambling losses