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Get your taxes done using TurboTax
Ok, so your winnings of 15,450.91 are income. You're going to enter them exactly as @xmasbaby0 says above. Then, when it comes to losses, you enter them as itemized deductions. The problem is that if your itemized deductions are less than your standard deduction then there is no point in entering them. And your standard deduction is at least $12,550. So you don't need to enter your losses if they are only $9,798.02.
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‎April 14, 2022
6:43 PM