Get your taxes done using TurboTax

No I'm saying report the full amount on the 1099k as gambling winnings.

 

than also on the itemized portion where you can report losses I will report the full amount of my winnings as gambling losses. I can show those records if requested. My goal here is to report my gambling winnings and losses properly. However since I lost over 10k net after all my wins and losses are calculated I don't believe I will be taxed on that gambling wins as income because I have the losses to more than out weigh the amount that showed up in this 1099k. Essentially it looks like I earned way more in 2022 than I did. However in reality I lost money overall by a large amount in gambling net