I am super confused on this and can't seem to get a straight answer anywhere (even tried calling the "tax experts" and they told me they don't know). Are "winnings" supposed to be all money you won, or just the money you withdrew? And is "losses" all wagers, or just the money you deposited? My numbers come out very different depending on what I input, because online casinos give out a lot of bonuses which affect your totals. So my withdrawls/deposits profit is almost double my total winnings/losses profit. If someone is gambling at an in-person casino would they be claiming every single wager they make (e.g. pressing the penny slots button 1,000 times a night) or do they just report "I went in with $20 and left with $100"?
