Casino Slot Machine Q&A: MARK PILARSKI: How to report losses to the IRS (Detroit Free Press)

  • Casino Slot Machine Q&A: MARK PILARSKI: How to report losses to the IRS (Detroit Free Press)

    QUESTION: I have a question regarding winnings from a slot tournament. The casino reported my tournament winnings on a 1099-Misc. Can an equal amount of gambling losses be shown to offset the winnings from gross income on federal 1040, as it can when you receive a W2-G form? — Sandra D.


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