Are gambling losses from previous years alowable

jayred2017 · ‎May 31, 2019

This is the first year for winnings - gambling - Can I deduct previous years losses

xmasbaby0 · ‎May 31, 2019

No, you cannot deduct gambling losses from previous years on your 2016 tax return. They can only be entered for the tax year in which they occurred.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎May 31, 2019

No, you cannot deduct gambling losses from previous years on your 2016 tax return. They can only be entered for the tax year in which they occurred.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Are gambling losses from previous years alowable