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Need instructions on how to claim gambling wins and losses - HELP!?

2007-02-12 16:44:55 · 1 answers · asked by sevemmama 3 in Business & Finance ➔ Credit

1 answers

You report your winnings as income on your 1040. You then can deduct the amount you lost(up to the amount you won) on your schedule A.

2007-02-12 16:49:10 · answer #1 · answered by VATreasures 6 · 1⤊ 0⤋

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