https://ttlc.intuit.com/community/taxes/discussion/winning-at-casino-but-dont-know-where-to-put-amount-i-invested-to-win/01/2792475#M1029667 Tue, 10 Mar 2026 06:51:47 GMT Sherrig76 2026-03-10T06:51:47Z https://ttlc.intuit.com/community/taxes/discussion/winning-at-casino-but-dont-know-where-to-put-amount-i-invested-to-win/01/2792475#M1029667 Tue, 10 Mar 2026 06:51:47 GMT https://ttlc.intuit.com/community/taxes/discussion/winning-at-casino-but-dont-know-where-to-put-amount-i-invested-to-win/01/2792475#M1029667 Sherrig76 2026-03-10T06:51:47Z https://ttlc.intuit.com/community/taxes/discussion/re-winning-at-casino-but-dont-know-where-to-put-amount-i-invested-to-win/01/2792508#M1029668 <P>Hi&nbsp;<A id="link_6" class="lia-link-navigation lia-page-link lia-user-name-link" href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5131841" target="_self" aria-label="View Profile of Sherrig76"><SPAN class="">Sherrig76</SPAN></A>,</P> <P>Thank you for your question! The amount invested has no place on the tax return. The amounts lossed while gambling is an itemized deduction. You must itemize your deductions only to the extent of your winnings. In other words, report your winnings first and then report your losses as an itemized deduction on form Schedule A. <STRONG>Be sure to keep all of the losing tickets for proof which is required!</STRONG></P> Wed, 16 Nov 2022 20:47:05 GMT https://ttlc.intuit.com/community/taxes/discussion/re-winning-at-casino-but-dont-know-where-to-put-amount-i-invested-to-win/01/2792508#M1029668 JandKit 2022-11-16T20:47:05Z