1040 line 21 gambling online gambling warning signs Gambling winnings are reported as Other Income on Line 21 of IRS Form While you may be able to deduct your gambling losses, gambling winnings are. You must report all gambling winnings on your Form pdf as "Other Income" (line 21), including winnings that aren't reported on a Form. When you file your taxes, you'll report your winnings (everything you won minus the bet you placed) onto line 21, “Other Income,” on your Form.

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1040 line 21 gambling Do not deduct your gambling losses or wagers from the amount that you report on your Tax Preparation File Your Taxes. Home How efile Works About efile. Debit or Credit Card. Get Tax Return Support. Home Tax Topics Topic No. Individuals abroad and more.
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