Why is my gambling income I entered as 7438 and my gambling income I entered as 7438 showing as income on line 21 of 1040 tax return if the loss equaled the income?
The 1040 return should be 0 on line 21 since the gambling income was not more than the gambling loss I entered. Why does it say the gambling win amount on that line and therefore is taxable? I use Turbo Tax Premier.
