Gambling Losses
Gambling losses are one of the few itemized deductions that will remain intact for the 2018 tax year. If you suffered gambling losses, you can deduct up to the amount of gambling income you reported. You can claim your losses as an “other miscellaneous deduction,” but be prepared to show proof of those losses.
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4 thoughts on “Every Single Tax Deduction You Could Possibly Ask For”
What a great summary…thank you!
This is extremely concise and helpful!
Much appreciated Very Informative Thanks
Much Appreciated info in a great floor Mate easy to understand I will be asking some questions this year from our tax man this year 2019