I'm sure this has been asked before... so apology in advance....
Filing my taxes on turbo tax. I add in winnings from the -099-misc but I don't see a place where I can deduct my entry fees. Should I just file under "gambling winnings"? Maybe I should just go back to my tax guy.
Tax question
Tax question
Richard Kulaski
Fairview, TN
Fairview, TN
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- Posts: 64
- Joined: Sat Jan 23, 2010 6:00 pm
Re: Tax question
This is not tax advice - I'm just telling you what I've done:
I've listed expenses (entry fee, etc.) under itemized deductions, up to the limit that the deductions don't exceed winnings.
I've listed expenses (entry fee, etc.) under itemized deductions, up to the limit that the deductions don't exceed winnings.