Solved
Gambling loss reported
Per the IRS website I am under the understanding that my gambling winnings should not be cancelled by my gambling losses; although I did have them.
I did add them on the section where it asks what my loss is, but it seems like it is not taxing me on the winnings. Since I am not itemizing deductions, I cannot deduct my gambling losses. Why is the system not taxing me on my gambling winnings? is this correct?
I did add them on the section where it asks what my loss is, but it seems like it is not taxing me on the winnings. Since I am not itemizing deductions, I cannot deduct my gambling losses. Why is the system not taxing me on my gambling winnings? is this correct?
