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Gambling losses equal to the amount of gambling income can be claimed as an itemized deduction on Schedule A. You will benefit by claiming the losses if your total itemized deductions are higher than your standard deduction. TurboTax will ask if you had any gambling losses once you have entered your gambling income. However, you can also follow the directions below to enter your gambling losses.
Alternatively, you can follow the directions below to enter your gambling losses.
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