You'll need to sign in or create an account to connect with an expert.
If you have gambling winnings, they would be entered into the federal return and then it will flow to your resident state return. Nevada does not have state income tax.
Any gambling winnings is taxable income for federal purposes regardless of where the money came from. Keep in mind the losses will only be used if you are able to itemize deductions. TurboTax will put the losses in your itemized deductions.
Enter the gambling winnings using the steps below.
If you have gambling winnings, they would be entered into the federal return and then it will flow to your resident state return. Nevada does not have state income tax.
Any gambling winnings is taxable income for federal purposes regardless of where the money came from. Keep in mind the losses will only be used if you are able to itemize deductions. TurboTax will put the losses in your itemized deductions.
Enter the gambling winnings using the steps below.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
HelpMeLawd
Returning Member
ankitsurekha
New Member
meckstrom2125
New Member
swilson6912
New Member
fea72
New Member