How to write off lottery, sports gambling losses on your taxes

can you write off lottery losses
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Yes, you can deduct gambling losses on your taxes However, there are rules you must follow so that those deductions pass the muster with the

If you are going to deduct gambling losses, you must have receipts, tickets, statements and documentation, such as a diary or similar record of your losses and Reporting gambling profits and loss on your taxes Gambling losses can be deducted on Schedule A If you itemize your deductions, you can deduct your gambling

how to win the lottery in texas Pennsylvania does not tax nonresident individuals, estates or trusts on No expenses attributable to gambling and lottery income are deductible  You can deduct gambling losses only if you itemize deductions on your federal income tax return Also, the amount of losses you deduct cannot exceed the