DMarkM1
Expert Alumni

Business & farm

Yes, you are correct.  As a professional gambler you enter your winnings as business income on Schedule C not through the "Gambling Winnings" reported on form W2G topic in "Less Common Income."  Technically you are entering the W2G income; just not specifically identified as W2G reported.  Bottom line:  As long as the income is reported you'll be good.          

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