can you write off lottery losses
Your Tax Playbook as Legal Sports Betting Kicks Off in Ohio
It's also worth noting that even if you do utilize the itemized deductions, your gambling winnings will still increase your AGI (adjusted gross
Are Gambling Losses Deductible on Your Taxes? can you write off lottery losses
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An individual can deduct gambling losses only to the extent of his or her gambling winnings included in gross income ( Code Sec 165; Reg §)
can i buy california lottery tickets online The losses you deduct can't be more than your reported gambling income Gambling losses can be devastating to an individual and their family and loved ones
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