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Gambling
To enter the W-2G or other documents For your Gambling winnings--
Go to Federal>Wages & Income>Less Common Income>Gambling Winnings
You can enter your winnings, and then keep clicking through the interview to enter gambling losses.
https://www.irs.gov/help/ita/how-do-i-claim-my-gambling-winnings-and-or-losses
Gambling winnings are taxable income. Losses are an itemized deduction. If you do not have enough itemized deductions to exceed your standard deduction, your losses will have no effect.
https://blog.turbotax.intuit.com/income-and-investments/how-are-gambling-winnings-taxed-8891/
To enter, edit or delete Gambling Winnings and Losses -
Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Less Common Income
On Gambling Winnings, click the start or update button
Here's where you enter Form W-2G (Certain Gambling Winnings) in TurboTax:
See this help article for more information.
See this tax tips article for more information on reporting gambling winnings with TurboTax.
You're required to report all gambling winnings—including the fair market value of noncash prizes you win—as “other income” on your tax return.
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