topic What do i need to provide as proof of gambling losses in Deductions & credits

topic What do i need to provide as proof of gambling losses in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-do-i-need-to-provide-as-proof-of-gambling-losses/01/418836#M53312 Tue, 04 Jun 2019 21:02:56 GMT TaxWiznot 2019-06-04T21:02:56Z What do i need to provide as proof of gambling losses https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-do-i-need-to-provide-as-proof-of-gambling-losses/01/418836#M53312 Tue, 04 Jun 2019 21:02:56 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-do-i-need-to-provide-as-proof-of-gambling-losses/01/418836#M53312 TaxWiznot 2019-06-04T21:02:56Z According to the IRS and from the website here: https://t... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/according-to-the-irs-and-from-the-website-here-https-t/01/418843#M53313 According to the IRS and from the website here: <A href="https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/Can-You-Claim-Gambling-Losses-on-Your-Taxes-/INF14370.html" target="_blank">https://turbotax.intuit.com/tax-tools/tax-tips/Taxes-101/Can-You-Claim-Gambling-Losses-on-Your-Taxes...</A><DIV> <P>The IRS requires you to keep a diary of your winnings and losses as a prerequisite to deducting losses from your winnings. This includes:</P> <UL> <LI>lotteries</LI> <LI>raffles</LI> <LI>horse and dog races</LI> <LI>casino games</LI> <LI>poker games</LI> <LI>and sports betting</LI> </UL> <P><B>Your diary must include:</B></P> <UL> <LI><B>the date and type of gambling you engage in</B></LI> <LI><B>the name and address of the places where you gamble</B></LI> <LI><B>the people you gambled with</B></LI> <LI><B>and the amount you win and lose</B></LI> </UL> <P>Other documentation to prove your losses can include:</P> <UL> <LI><A href="https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/Video--Guide-to-IRS-Form-W-2G-Certain-Gambling-Winnings/INF20514.html" target="_blank">Form W-2G</A></LI> <LI>Form 5754</LI> <LI>wagering tickets</LI> <LI>canceled checks or credit records</LI> <LI>and receipts from the gambling facility</LI> </UL> </DIV> Tue, 04 Jun 2019 21:02:58 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/according-to-the-irs-and-from-the-website-here-https-t/01/418843#M53313 LeeM 2019-06-04T21:02:58Z