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Level 1
October 4, 2025
Solved

Gambling Loss Screen

  • October 4, 2025
  • 1 reply
  • 91 views

I am using Turbo Tax Premier Desktop and after I enter my W2=G gambling wins, it just exits to the summary view and does not offer me a chance to enter my gambling losses.  Is there any other waty to access the gambling loss screen so I can enter my losses?

    Best answer by Bsch4477

    Expert Reviewed

    To enter gambling losses you must itemize deductions on Schedule A. If your itemized deductions are less than your standard deduction you can’t recoup your loss. You can’t deduct a loss greater than your winnings. 

    1 reply

    Bsch4477Level 15Answer
    Level 15
    October 5, 2025

    Expert Reviewed

    To enter gambling losses you must itemize deductions on Schedule A. If your itemized deductions are less than your standard deduction you can’t recoup your loss. You can’t deduct a loss greater than your winnings.