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Yes, you can deduct gambling losses on your taxes

Yes, you can deduct gambling losses on your taxes

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can you write off lottery losses
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Gambling losses are not deductible for Connecticut income tax purposes even though, in certain circumstances, they are deductible for federal income tax

You do not declare winnings or loses from gambling unless you are a professional gambler i am not a professional gambler & this is a one off win for me  Professional gamblers may be able to deduct losses on a business income tax return or Schedule C, but status as a professional gambler is

blood & shadow slot free play But you can deduct losses up to the winning amount on your tax return “Keep in mind, the standard deduction amount is very high, and most You are deducting gambling losses while taking a subtraction for Arizona lottery winnings 4 You are a defense contractor claiming a property tax credit on

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