what line do i put in gambling losses

[bjm614]

where do you report gambling losses

[Bsch4477]

You must itemize to deduct gambling losses and only to the extent of your winnings. 

• Go to Federal Taxes tab ( Personal Tab in Self-Employed)
• Click Wages & Income
• Select I'll choose what I work on
• Then go to Less Common Income
• Click Gambling winnings
• Once you have entered in your gambling winnings click on Continue. Once you finish the questions for this area you will then be able to enter your gambling losses.