TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Netting Gambling Losses

July 14, 2011

Today TaxMama hears from Linda in the TaxQuips Forum who wants to know. “How do I prove to the IRS that we can now net gambling losses against gambling winnings, per day, per gambling establishment, instead of deducting these losses on Sch A?



Dear