I already filed my federal return. I am now trying to file my state return. The $78 that I listed in box 17 is being carried over between returns. Turboxtax is telling me to check this entry. I have checked it, $78 is the correct amount. But it won't let me past this section - it's stating "Schedule Y: Sch Y, Gambling Losses should not be greater than $?" What does not be greater than $ even mean? I do not understand.
Gambling losses are tax deductible but only to the extent of your winnings. Gambling Losses should not be greater than $ is more than likely referring to winnings. You will want to verify that you are not claiming a loss higher than your winnings.
For more information on claiming gambling losses on your taxes, see the link below:
I am not claiming a loss greater than winnings. It literally won't let me get past this section. Am I supposed to put $0 here?