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Sunday, May 1, 2011

How can I deduct gambling losses on my tax return?

Gambling on the game: question Jason : How can I deduct gambling losses on my tax return ?I comprehend that I am obliged to deduct gambling winnings and report that I am entitled to gambling losses, but I do I figure out gambling losses? In certain, if during one particular year, I fund an account on the internet poker with $ 3000, money earnings for 5000 and $ 1000 on my account but, I can deduct $ three,000 lost or am I limited to $ two,000 loss Best answer: Reply from

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