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.

I cannot enter my gambling winnings on the free version but do not have the money to pay for deluxe version will I be in trouble for not entering the information and filing?

 
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
AlanT222
Expert Alumni

I cannot enter my gambling winnings on the free version but do not have the money to pay for deluxe version will I be in trouble for not entering the information and filing?

If you do not enter all of your income, eventually the IRS will send you a notice that you did not include the gambling winnings as they get notice from the establishment that paid you of your winnings.  When your return does not match their records, the will issue you a deficiency notice correcting your return.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
AlanT222
Expert Alumni

I cannot enter my gambling winnings on the free version but do not have the money to pay for deluxe version will I be in trouble for not entering the information and filing?

If you do not enter all of your income, eventually the IRS will send you a notice that you did not include the gambling winnings as they get notice from the establishment that paid you of your winnings.  When your return does not match their records, the will issue you a deficiency notice correcting your return.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question