topic where do i enter w-2g income in Get your taxes done using TurboTax

where do i enter w-2g income

JohnSki1 — Tue, 03 Feb 2026 09:11:15 GMT

searching on the desktop version only opens the help assistant and then repreats the instructions for searching, an infinite loop

Re: where do i enter w-2g income

Vanessa A — Fri, 21 Feb 2025 21:00:17 GMT

To enter your w2-G select the following:

Federal
Income
Prizes, Awards, and Gambling Winnings under Less Common Income

On the screen after you enter the income from gambling you will be able to enter your losses as well. In order to claim gambling losses, you must itemize your return.

Itemized expenses include mortgage interest, state and local taxes up to $10,000, medical expenses in excess of 7.5% of your AGI and casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss.

Then your total itemized expenses would need to be greater than your standard deduction below in order to benefit from itemized deductions.

The 2024 Standard Deductions are as follows:

Married Filing Joint (MFJ) $29,200
Married Filing Separate (MFS) $14,600
Head of Household (HOH) $21,900
Single $14,600

Blind or over 65 and MFJ or MFS add $1,550

Single or HOH if blind or over 65 add $1,950

Re: where do i enter w-2g income

DoninGA — Fri, 21 Feb 2025 21:01:03 GMT

Gambling losses can only be deducted up to the amount of the gambling winnings.
Gambling winnings are reported on Form 1040 Schedule 1 on Line 8b. The amount from Part I of Schedule 1 Line 10 flows to Form 1040 Line 8.
Gambling Losses are reported on Form 1040 Schedule A as a Other Itemized Deductions. Gambling losses are not a one-for-one reduction in winnings. Your total itemized deductions reported on Form 1040 Schedule A must be greater than the standard deduction for your filing status to have any tax benefit.

To enter, edit or delete Gambling Winnings and Losses -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Less Common Income
On Prizes, Awards, and Gambling Winnings, click the start or update button