Won at the casino

[Cdale21]

In 23 I approximately 109,000 but my win loss report only says I lost 13,000 can I use a win-loss report to offset the difference

[DoninGA]

If you are referring to 2023, the winnings need to be reported on a 2023 tax return.

To complete and file a 2023 tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2023 desktop editions from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/

A 2023 tax return can only be printed and mailed, it cannot be e-filed using TurboTax.

Gambling losses can only be deducted up to the amount of the gambling winnings.
Gambling winnings are reported on Form 1040 Schedule 1 on Line 8b. The amount from Part I of Schedule 1 Line 10 flows to Form 1040 Line 8.
Gambling Losses are reported on Form 1040 Schedule A as a Other Itemized Deductions. Gambling losses are not a one-for-one reduction in winnings. Your total itemized deductions reported on Form 1040 Schedule A must be greater than the standard deduction for your filing status to have any tax benefit.

[Cdale21]

Okay thank you I meant to put 2024 sorry I got my years mixed up

[DoninGA]

No problem -

To enter, edit or delete Gambling Winnings and Losses -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Less Common Income
On Prizes, Awards, and Gambling Winnings, click the start or update button

Or enter w2g in the Search box in the upper right of the program screen. Click on Jump to w2g

[Cdale21]

Okay I live in North Carolina but I won at  the casino in Virginia do I need to file two separate state returns for that?

[DoninGA]

No, only the NC return is needed to be filed.