topic Why when i put gambling winnings and same for losses does it reduces my return? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/why-when-i-put-gambling-winnings-and-same-for-losses-does-it-reduces-my-return/01/384809#M159290 <P>I put in my gambling winnings and same for losses and it reduces my return?<BR /></P> Tue, 04 Jun 2019 18:53:18 GMT bobh13 2019-06-04T18:53:18Z Why when i put gambling winnings and same for losses does it reduces my return? https://ttlc.intuit.com/community/taxes/discussion/why-when-i-put-gambling-winnings-and-same-for-losses-does-it-reduces-my-return/01/384809#M159290 <P>I put in my gambling winnings and same for losses and it reduces my return?<BR /></P> Tue, 04 Jun 2019 18:53:18 GMT https://ttlc.intuit.com/community/taxes/discussion/why-when-i-put-gambling-winnings-and-same-for-losses-does-it-reduces-my-return/01/384809#M159290 bobh13 2019-06-04T18:53:18Z Do you collect Social Security? https://ttlc.intuit.com/community/taxes/discussion/do-you-collect-social-security/01/384811#M159291 Do you collect Social Security? Tue, 04 Jun 2019 18:53:19 GMT https://ttlc.intuit.com/community/taxes/discussion/do-you-collect-social-security/01/384811#M159291 BobinCT 2019-06-04T18:53:19Z The winnings are income  and the losses must be taken on... https://ttlc.intuit.com/community/taxes/discussion/the-winnings-are-income-and-the-losses-must-be-taken-on/01/384812#M159292 The winnings are income&nbsp;&nbsp;and the losses must be taken on the Sch A as itemized deductions BUT that will only be helpful if you can itemize deductions.&nbsp;&nbsp;Until the Itemized deductions exceeds the standard deduction you will see no benefit on the return. Tue, 04 Jun 2019 18:53:21 GMT https://ttlc.intuit.com/community/taxes/discussion/the-winnings-are-income-and-the-losses-must-be-taken-on/01/384812#M159292 Critter 2019-06-04T18:53:21Z