I have read and understand: https://turbotax.intuit.com/tax-tips/jobs-and-career/can-you-claim-gambling-losses-on-your-taxes/L4l...
I am still unclear on what qualifies as a "gambling loss" however.
I received a yearly statement from my online sports betting site (FanDuel). This statement gives my "Amount won" and "Amount wagered" for the year. Does all of the "Amount wagered" qualify as a gambling loss? Or would wagers towards winning bets not qualify as a gambling loss?
