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State tax filing
We're getting closer to answering my question.. Thank you for the response, Linda!
So if I decide to use the session method, where would I enter session wins/losses in TurboTax?
Here is how I track sessions:
Date | Establishment | Beginning Cash | Ending Cash | Win/Loss | W2G's |
1/1/2024 | XYZ Casino | $100 | $0 | ($100) | $1500 |
I understand that while I show a loss for the day, I can only net it to $0. This documentation would be used to say "I started with $100 bucks and left with nothing, even though I hit a taxable jackpot of $1500".
‎January 27, 2025
1:31 PM