JB Dayrelton
Returning Member

Get your taxes done using TurboTax

Get your win/loss statement. You can only deduct losses if itemizing.

You must report your W2-Gs or 1099-MISCs without modification of amount.

If your win loss shows winnings other than the above, net those against the losses.

And if there are any losses left, deduct them if it you are itemizing

Otherwise, if you have more other winnings than losses - forget it (or report it)