No, TurboTax does not have the ability to copy the form so that you can just change the date and amounts. In the desktop version, if you create a new form, it will be blank and you would have to fill in all the fields.
But you can combine all of the W-2G forms from the same casino and enter the total. For the date of winnings, enter the most recent date on the forms.
However, it is recommended that you:
- Only combine W-2G's from the same casino (so the Casino's EIN matches).
- Also, have a spreadsheet for documentation (if requested by the IRS) of calculation totals.
Your win/loss statement does not get entered into TurboTax. Add your winnings from Form W-2g and if you itemize
To add Form W-2G (gambling winnings)
1. Sign In or Open TurboTax.
2. Select "Take me to my return"
3. Select "Search" or "Help" icon.
4. Type "W-2g" and select "Jump to W-2g"
5. Answer "Yes" on the Gambling Winnings screen and follow the instructions to enter your W-2g.
6. Add your gambling Losses on the "Let us know if you had any gambling losses in 2020" screen.
The IRS limits gambling losses up to the extent of gambling winnings included on your tax return. Gambling losses become a tax deduction if you used itemized versus standard deductions.
How to deduct your gambling losses
