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randy-alvarado
New Member

If i have gambling winnings in New Mexico but live in tx

 
6 Replies
MinhT
Expert Alumni

If i have gambling winnings in New Mexico but live in tx

You have to report these winnings on your federal tax return.

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

You'll also need to file a non-resident New Mexico state return to report these winnings.


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randy-alvarado
New Member

If i have gambling winnings in New Mexico but live in tx

so then I will have to pay taxes in new mexico on my winnings or can I report losses there as well
MinhT
Expert Alumni

If i have gambling winnings in New Mexico but live in tx

Yes, up to the amount of your winnings.
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randy-alvarado
New Member

If i have gambling winnings in New Mexico but live in tx

so no matter what I'm going to have to pay taxes on my new mexico winnings? How about my losses?
MinhT
Expert Alumni

If i have gambling winnings in New Mexico but live in tx

On your New Mexico state return, you can also deduct gambling losses up to the amount of your winnings.
<a rel="nofollow" target="_blank" href="https://www.cga.ct.gov/2008/rpt/2008-R-0448.htm">https://www.cga.ct.gov/2008/rpt/2008-R-0448.htm</a>
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randy-alvarado
New Member

If i have gambling winnings in New Mexico but live in tx

ok thanks
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