I had 541.56 taxes taken out of a gambling win of 1805.20 I have losses to offset the win. should I itemize or go with standard deduction ?

[KatrinaB · Accepted solution]

Gambling losses are claimed on Schedule A as an itemized deduction. You will need TurboTax Deluxe in order to claim itemized deductions and your total itemized deductions must be higher than your standard deduction to benefit from your gambling losses. 

[SweetieJean]

The new Standard deduction for a Single person is $12,000.