You can follow the
instructions below to get to the section in TurboTax to
enter your gambling/lottery winnings (and then your losses):
- Log in
to TurboTax Online
- Click Take me to my return
- Click
on Federal Taxes
- Click
on Wages & Income
- Locate Less Common Income, click Show More, if offered
- Locate Gambling Winnings and click Start/Update
After you've finished entering all of your gambling winnings, TurboTax will ask about any losses you
may have had. Losses can be deducted up to the amount you reported winning, but
only if you itemize. If you itemize instead of taking the standard deduction, you can
deduct gambling losses up to the amount of your winnings.
