Skives19
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So it will be able to be e-filed once it is finalized?
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Why is the wager considered a gambling loss? I have had multiple people say it both ways. How do I know which is right?
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So I can deduct the cost of a winning wager but only if I itemize?
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I was just told by a turbo tax expert in chat that in this scenario I would need to claim all $150 as winnings.
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Will turbo tax be able tell me if I am getting a penalty and how much it is or do I have to wait for the IRS and state to decide?
Activity Feed for Skives19
- Got Cheered for Re: How does the stake factor into sports betting winnings. April 19, 2022 5:02 PM
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- Posted Re: How does the stake factor into sports betting winnings on Get your taxes done using TurboTax. January 5, 2022 8:24 AM
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