I itemize my deductions nous copyright since the itemized deductions exceed the normalisé deduction. Is there anywhere in copyright that I can offset the 1099-Misc gambling win against my losses? Please keep in mind the following in answering this Énigme:
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Gambling Losses are reported je Form 1040 Schedule A as a Other Itemized Deductions. Gambling losses are not a Nous-expérience-one reduction in winnings. Your somme itemized deductions reported nous Form 1040 Schedule A terme conseillé Si greater than the standard deduction conscience your filing status to have any tax benefit.
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If you report the gambling winnings in the Less Common Income cellule of the program you are specifically asked if you received a Form W-2G, answer You did not receive a W-2G. The following screen askes if you received gambling winnings not nous a cong ty dong phuc W-2G.