kellybcmi
Returning Member

Gambling Losses and Itemized Deductions

I have about $20,000 in gambling winnings with the same in losses.  My itemized dedcuctions are at $17,300 so it is recommending the standard deduction of $28,500.    I tried overriding, saying I wanted to itemize thinking it would then pull in the gambling losses of $20,000 which would then reduce my taxable income. However it doesn't pull the gambling losses in.

 

Is there a way to accomplish this?

 

Thanks