bsauve
Returning Member

Slot machine same day expenses as slot machine winnings. How can I net same day loss against same day winnings?

On New Year's day I bought gambling slot machine cards and I won $50,000. I have a record of spending $1,450 on slots on New Year's Day 2023. How can I deduct the gambling expenses from the gambling winnings on the same day? I have a W-2G