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ed_trela
New Member

Can I use a casino win/loss statement,to show my losses?

 
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LeeM
New Member

Can I use a casino win/loss statement,to show my losses?

Absolutely, just make sure it includes all wins and losses separately and is not a combined number. 

You should show your gambling winnings as income and then your gambling losses as an itemized deduction, if you qualify. 

You can find more information about gambling wins/losses in the FAQ below:

https://ttlc.intuit.com/replies/3301128

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5 Replies
LeeM
New Member

Can I use a casino win/loss statement,to show my losses?

Absolutely, just make sure it includes all wins and losses separately and is not a combined number. 

You should show your gambling winnings as income and then your gambling losses as an itemized deduction, if you qualify. 

You can find more information about gambling wins/losses in the FAQ below:

https://ttlc.intuit.com/replies/3301128

taxgus80
New Member

Can I use a casino win/loss statement,to show my losses?

I have heard conflicting stories about the IRS allowing a win/loss statement from the casino.  If that's all I have for record keeping, will the IRS disallow the losses?

Can I use a casino win/loss statement,to show my losses?

<a rel="nofollow" target="_blank" href="https://www.irs.gov/help/ita/how-do-i-claim-my-gambling-winnings-andor-losses">https://www.irs.gov/h...>
**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.**

Can I use a casino win/loss statement,to show my losses?

I need to get my winnings and loss for Caesar's casino Atlantic City 2021  I would like an email a copy thank you

Can I use a casino win/loss statement,to show my losses?

@Rosita6266 Sorry---but TurboTax does not have that.   If you need a document from a casino it is up to you to contact the casino yourself and request it.

**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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