CPA's...Gambling write off's...?

I live in Las Vegas, can gambling be written off in any way on taxes? Losses?

2007-04-09 13:07:05 · 1 answers · asked by CJ 3 in Business & Finance ➔ Taxes ➔ United States

1 answers

Only to the extent of your claimed gambling winnings. You need to keep extremely accurate records of your losses, by the way. Claim them on Schedule A as an itemized deduction.

2007-04-09 13:10:50 · answer #1 · answered by Bostonian In MO 7 · 4⤊ 0⤋

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