turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How do I show proof of gambling money lost?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
SeanE1
New Member

How do I show proof of gambling money lost?

The IRS allows you, the taxpayer, to deduct your gambling losses up to the amount of your gambling winnings.  You must keep accurate records that show your gambling losses.  For example, receipts from a casino's ATM machine, tickets, statements or a diary. Please click here to see what the IRS has to say about gambling losses.

View solution in original post

1 Reply
SeanE1
New Member

How do I show proof of gambling money lost?

The IRS allows you, the taxpayer, to deduct your gambling losses up to the amount of your gambling winnings.  You must keep accurate records that show your gambling losses.  For example, receipts from a casino's ATM machine, tickets, statements or a diary. Please click here to see what the IRS has to say about gambling losses.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question