TurboTax will transfer the deduction rom your Schedule A to your Michigan Schedule 1.
Michigan has a new individual income tax deduction for wagering losses sustained by casual gamblers, effective for tax years beginning in 2021. The deduction is equal to the wagering losses claimed by the taxpayer as an itemized deduction on the federal income tax return for the same tax year. Thus, a casual gambler may only use this new deduction if the taxpayer elected to itemize deductions on the federal income tax return rather than take the standard deduction. As before, a gambler can only use wagering losses to reduce gambling winnings and cannot reduce taxable gambling winnings below zero.
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