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Get your taxes done using TurboTax
Yes. Any gambling winnings is taxable income starting from $1,00 with or without a document such as a W-2G.
Enter the gambling winnings using the steps below.
- Sign into your TurboTax account
- Select Federal tab (on the left) > Wages & Income > Less Common Income > Gambling Winnings > Start
- Follow the screen prompts based on your situation (reporting document or none)
- Be prepared with your gambling losses as well (this will be used only if you can itemize your deductions)
- See the image below for assistance
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‎February 14, 2022
11:55 AM