Hello,
I received a Win/Loss Tax Statement from a casino. For Slots it states my Coin-Out totaled $16,471 and my Coin-In totaled $17,864. It states my Slot Win/Loss is -$1,393.
To report this on my tax return, are my gambling winnings considered $16,471 and my gambling losses $17,864? Or do I only have a gambling loss of $1,393?
Thank you for your help!
