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Business & farm
Alternatively, can I report the sports gambling winnings as the winnings REDUCED by the winning wagers? (Doesn't a W-2G reduce the wager?) In the case above, can I report $500 as the amount of winnings for the year? If this alternate way is valid, I would report no losses as there would be no losing bets.
‎June 4, 2019
5:34 PM