Hello all,
I received a 1099k from PayPal indicating that I “won” a dollar amount through the year. However, I have a ledger showing that losses outweighed profits in this online casino. Due to this itemizing my deductions it is increasing the amount I owe in taxes. However, since this is reported in a 1099 k and I have proof indicating I lost more than the amount in the form. How do I go about showing this in taxes? Thank you
