AJ
Level 11
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Get your taxes done using TurboTax

You can deduct gambling losses on Schedule A as a Miscellaneous deduction that is not subject to the 2% limitation.  (Schedule A Line 28.)  You cannot deduct more losses than you won.  Here's the bad news.  If your Total Itemized Deductions, on Schedule A Line 29, does not exceed your standard deduction, then the losses will be of no tax benefit.