I am using Turbo Tax Premier Desktop and after I enter my W2=G gambling wins, it just exits to the summary view and does not offer me a chance to enter my gambling losses. Is there any other waty to access the gambling loss screen so I can enter my losses?
You'll need to sign in or create an account to connect with an expert.
To enter gambling losses you must itemize deductions on Schedule A. If your itemized deductions are less than your standard deduction you can’t recoup your loss. You can’t deduct a loss greater than your winnings.
To enter gambling losses you must itemize deductions on Schedule A. If your itemized deductions are less than your standard deduction you can’t recoup your loss. You can’t deduct a loss greater than your winnings.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
carryloss
New Member
dstautz1
Returning Member
jwferris2212v2
New Member
krbyrd64
New Member
Aussie
Level 4