Are gambling losses tax deductible? Here's what the IRS says

can you claim lottery losses on taxes
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No expenses attributable to gambling and lottery income are deductible Expenses such as: parking, postage, entry fees, meals and lodging or travel may not be

Alternatively, if you claim the standard deduction on your return, your gambling losses would not be deducted at all In order to itemize your

can you buy lottery tickets online If you are going to deduct gambling losses, you must have receipts, tickets, statements and documentation, such as a diary or similar record of your losses and

can you give me tonight''s lottery numbers please You may deduct gambling losses only if you itemize your deductions on Schedule A and kept a record of your winnings and losses The