You won't be able to deduct gambling losses if you lost more money than you won (excess losses) or if you're taking the Standard Deduction.
If you itemize instead of taking the Standard Deduction, you can deduct gambling losses up to the amount of your winnings.
How do I enter a W-2G?
You must file a W-2G return in the state in which you are a non-resident and in which the casino is located and report your gambling winnings. You must also claim the winnings in your home state.
To ensure accurate calculations, always complete the non-resident return first if filing in multiple states because your resident state might give you a credit for any taxes paid in that situation.
How do I file a nonresident state return?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
