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Get your taxes done using TurboTax
Thanks for your response. I am not receiving social security. As I pointed out, if my itemized deductions are equal to the standard deduction, I am still unable to input any amount of gambling winnings/equal offsetting losses into Turbotax and maintain the same tax liability as before inputting any gambling info. The Turbotax results keep changing depending on the total amount of winnings/equal offsetting losses input. I don't understand why the winning and losses don't cancel each other out and leave the tax liability alone. Feel free to run experiments with Turbotax to see if you get the same results. I have tried it with multiple types of tax returns, and I still get unpredictable output from Turbotax.
‎February 22, 2022
9:41 PM