If you lost or misplaced a W-2G from a casino, you can contact them for a new one. You can also Get a Transcript from the IRS, which will show the details of the W-2G. The casino sends a copy of your W-2G to the IRS to report your winnings, so they will also have this on file.
Once you receive your W-2G, you can enter it by following the steps below:
- Click on Federal Taxes on the left-hand side
- Click on Wages and Income
- Click on I'll choose what I work on
- Scroll down to Less Common Income
- On Gambling Winnings, click the start or update button
Lastly, gambling losses can only be deducted up to your gambling winnings. In addition, they will only be deductible on your return if you itemize your deductions on Schedule
@Aryama11
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
