Income Tax Folio S3-F9-C1, Lottery Winnings, Miscellaneous

With mobile sports betting starting up in North Carolina, some are wondering if losses are allowed to be deducted from your taxes

So gambling losses are still deductible But the TCJA's near doubling of the standard deduction for 2018 (to $24,000 for married couples filing jointly, $18,000

can i put pcie x4 in x16 slot Because the taxpayer does not have any winnings from a casino licensed under chapter 23K, the taxpayer may claim no deduction for its gambling losses incurred

can u play poker with 2 players If you can convince the IRS that you're in the business of gambling, you can deduct the full amount of your losses, plus certain other business-