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Ok Gambling Losses not calculating correctly

After suspecting the software is not calculating OK gambling losses correctly, I created a "test"  tax return.  I put a psuedo 1099 for $80,000 in gambling income.  Then I reported $80,000 in losses.  The Federal refund appropriately calculated $0 but the OK state shows a tax due of $2,861.

 

For my personal return, I wrote off all winnings and filed a schedule A but it still shows us owing over $3,700 to OK

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1 Reply
KrisD15
Employee Tax Expert

Ok Gambling Losses not calculating correctly

TurboTax does not allow gambling loss to be entered unless the gambling income was reported on Form W-2G. 

Did you enter the gambling loss manually on Schedule A using forms mode? If so, the program may not recognize that number as gambling loss and not carry it over to the Oklahoma return. 

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