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Get your taxes done using TurboTax
Your losses will be an item on schedule A. You can only deduct $46,000 of your losses.
The reason it's not 'dollar for dollar' is that your deductions are already $12,550 ($25,100 if you're married filing joint) and your itemized deductions won't increase by $46,000 when you put in your gambling losses. They just increase TO $46,000. Then, if you have any other itemized deductions, they continue to go up.
You should be able to enter your winnings and losses just as it's laid out above. If you aren't able to switch to itemized deductions from the standard then there is something wrong.
It is a good idea to first clear your cache and cookies - which means removing all of the temporary programs that can gum up your web browser. If that doesn't work, try using a different web browser.
Here is a link on how to clear your cache and cookies.
You are probably better off having someone walk through the return with you to look at your entries so I recommend getting live expert help.
Here is a link to finding a TurboTax expert.
However, that requires upgrading your product which may be an expense you don't want. In that case you can call an expert and ask questions over the phone.
Here is a link to the TurboTax Phone Number.
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