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ebah6953
New Member

do i need to report gambling wins if i've lost more than won on the app i use and they didn't send me a tax form

 
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1 Reply
SabrinaD2
Employee Tax Expert

do i need to report gambling wins if i've lost more than won on the app i use and they didn't send me a tax form

Yes, you should report all gambling winnings to the IRS, even if the app does not send you a tax form. You can deduct gambling losses up to the amount of your winnings if you itemize your deductions.

 

For more details, visit the IRS page on gambling income and losses

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