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I received a CP2000 Notice from the IRS because I did not report gambling winnings. I need to report those winnings, and also deduct my gambling losses for 2020.
I do not have the W2-G forms from those winnings. The sportsbook (a legally operating State Lottery) has sent me a record of my monthly Win/Loss for tax year 2020. I need to deduct my losses against my unreported gambling winnings.
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‎August 15, 2022
2:35 PM