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Guide to IRS Form W-2G Certain Gambling Winnings - TurboTax Tax Tip Video

Gambling winnings and gambling losses are two things that get audited by the IRS. Learn how often gambling winnings get audited by the IRS when compared to gambling losses with help from a taxpayer representative in this free video clip. Thankfully, the IRS relented a few years ago by saying that casual slot players can simply keep a record of the net win or net loss amount for each gambling session. Schedule A in order to take a deduction for gambling losses. Gambling losses count as a miscellaneous deduction, but are not. A top ten countdown of the biggest gambling losses ever, including a fraudster who lost millions in a casino, a professional sportsman who gambled millions on Blackjack and Horses, and a casino Baccarat player who made the fastest loss in history.

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  1. Федотов Владимир Георгиевич

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