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  #1  
Old 03-23-2018, 11:07 PM
Stdjas55 Stdjas55 is offline
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Join Date: Mar 2014
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Default Income tax on slot wins

I won three hand pays in the last year at the casino, 3750worth. If I have 3500 worth of non winning scratch offs on hand how do I show it on my income taxes. I do turbo tax business edition. Don?t want to pay the man
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  #2  
Old 03-29-2018, 06:54 AM
ckinchen's Avatar
ckinchen ckinchen is offline
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Net 250 profit

Gambling losses are deductible to the extent of your winnings.
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