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winnings are fully taxable. losses and expenses, including the wager anount, are only deductible if you itemize on Schedule A and are limited to gambling winnings. There should be a prompt after dealing with the winnings to enter losses which would include expenses.
winnings are fully taxable. losses and expenses, including the wager anount, are only deductible if you itemize on Schedule A and are limited to gambling winnings. There should be a prompt after dealing with the winnings to enter losses which would include expenses.
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