turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Won $2,000 on lottery ticket, how do I deduct the money I spent on tickets for the entire year?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
CapB
New Member

Won $2,000 on lottery ticket, how do I deduct the money I spent on tickets for the entire year?

To add gambling losses using TurboTax:

1. Sign In  or Open TurboTax

2.  Select "Take me to my return" (Online)

3.  Select "My Account" (top right of the screen Online) 

4.  Select "Tools" (Online)

5.  Select "Topic Search" (Online) and "Search Topics" (center top of screen on TurboTax Desktop)

6.  Type "gambling losses" and press "enter" (Online) or "ok" (Desktop) (**)

7. Continue to answer the interview questions.

(**) Gambling losses are limited to the amount of recorded gambling winnings which can be proven - from the current year) 

See FAQ about gambling loss (limitations and itemized deductions.

https://ttlc.intuit.com/replies/3301128

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question