- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
You can prove your losses with the spreadsheet you mentioned if it has all the information require by the IRS. This includes:
- The date and type of your specific wager or wagering activity.
- The name and address or location of the gambling establishment.
- The names of other persons present with you at the gambling establishment.
- The amount(s) you won or lost.
See Gambling Losses Up to the Amount of Gambling Winnings
You can also complete Form 5754, Statement by Person(s) Receiving Gambling Winnings
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 25, 2025
11:41 AM