How gambling impacts your taxes this year -

KY Gambling Tax Calculator 2024: How Much Do You Owe? can you claim lottery losses on taxes If a taxpayer itemizes deductions for federal tax purposes, he may deduct his gambling losses for the year, up to the total amount of his candy clash slot You can deduct your losses on gambling to include lotteries, raffles, horse racing, casino games, poker games and sports betting, according to

canada green card lottery free registration Gambling losses — You can deduct your gambling losses as long as they don't exceed