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can i still deduct gambling losses under the new tax plan
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can i still deduct gambling losses under the new tax plan

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https://www.etax.com/ You can’t deduct any gambling losses that exceed the amount you win and report as income. That means if you won $5000 by gambling, …

A quick video on how gambling losses are deducted on your tax return. Thanks to Nicholas Polati for helping create the content and animation. Nicholas Polati’s …

Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance Gambling winnings …

Find out how gambling income and losses can affect your federal taxes.

Gambling winnings are taxable and gambling losses can be deducted up to the amount of winnings. However, taxpayers need to itemize their deductions in …

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