topic Are gambling winnings taxed as regular income at the end of the year? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/are-gambling-winnings-taxed-as-regular-income-at-the-end-of-the-year/01/701250#M282310 Thu, 06 Jun 2019 13:21:46 GMT tommye51 2019-06-06T13:21:46Z Are gambling winnings taxed as regular income at the end of the year? https://ttlc.intuit.com/community/taxes/discussion/are-gambling-winnings-taxed-as-regular-income-at-the-end-of-the-year/01/701250#M282310 Thu, 06 Jun 2019 13:21:46 GMT https://ttlc.intuit.com/community/taxes/discussion/are-gambling-winnings-taxed-as-regular-income-at-the-end-of-the-year/01/701250#M282310 tommye51 2019-06-06T13:21:46Z Gambling winnings are taxable income. To enter the W-2G... https://ttlc.intuit.com/community/taxes/discussion/gambling-winnings-are-taxable-income-to-enter-the-w-2g/01/701259#M282315 <P>Gambling winnings are taxable income.<B>&nbsp;To enter the W-2G&nbsp; or other documents </B>For your Gambling winnings--Go to Federal&gt;Wages &amp; Income&gt;Less Common Income&gt;Gambling Winnings</P> <P>You can enter your winnings, and then keep clicking through the interview to enter gambling losses.</P> <P>Gambling losses are an itemized deduction; you can only get a deduction if the combination of all of your other itemized deductions exceeds your standard deduction.&nbsp; Losses do not offset winnings dollar for dollar.</P> Thu, 06 Jun 2019 13:21:49 GMT https://ttlc.intuit.com/community/taxes/discussion/gambling-winnings-are-taxable-income-to-enter-the-w-2g/01/701259#M282315 xmasbaby0 2019-06-06T13:21:49Z