gambling winnings nj

[Dubostica]

New Jersey resident received w-2 G for winnings in the state of New York

I entered my w-2 g in the federal part of turbo tax and it came up on sch 1 as income $2340.

Same number came up on my NY none resident return and i owe money.

Problem i have is on my NEW JERSEY RETURN where it comes up as  zero.

On NJ GAMBLING statement it shows like this:

1) Total gambling's                                                                 $ 2340

2)Total gambling losses (to the extent of winnings)         $ 2340 ( I NEVER ENTER THIS  LOSSES ANYWHERE)

THEY JUST SHOWED UP?  

3) Net gambling income                                                        $ 0

New Jersey Lottery winnings from prize amounts exceeding $10,000 became subject to the Gross Income Tax 

Out-of-state lottery winnings are taxable for New Jersey Gross Income Tax purposes regardless of the amount.

STANDARD DEDUCTION USED ON FEDERAL RETURN

2 questions

1) is it taxable ?

2)can i offset this with loosing lotto tickets purchased in NJ OR THEY MUST BE FROM NY

[TomD8]

According to New Jersey Tax Bulletin TB-20(R):

1.  ALL gambling winnings* are subject to New Jersey Gross Income Tax.

2.  Taxpayers may deduct "all types of gambling losses" from their total gambling winnings, not to exceed the total of the winnings.

https://www.state.nj.us/treasury/taxation/pdf/pubs/tb/tb20r.pdf

* NJ exempts the first $10,000 of New Jersey Lottery prize amounts from NJ taxation

[Dubostica]

Out-of-state lottery winnings are taxable for New Jersey Gross Income Tax purposes regardless of the amount

So in my case its out of state winning and its taxable.

CAN I USE NONE WINNING NEW JERSEY LOTTO TICKETS TO OFSET  THIS NEW YORK OUT OF STATE WINNINGS ?

[TomD8 · Accepted solution]

The NJ tax reference that I previously gave you says that "all" types of gambling losses may be deducted, up to the amount of winnings.