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Gambling losses in 2018 will rarely be deductible since most people won't itemize, right?

Greta
Level 9
 
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TaxGuyBill
Level 15

Correct, gambling losses are not deductible unless you Itemize, and fewer people will be Itemizing in 2018.

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3 Comments 3
TaxGuyBill
Level 15

Correct, gambling losses are not deductible unless you Itemize, and fewer people will be Itemizing in 2018.

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IRonMaN
Level 15
For federal - the deduction still could be there for the state.

Slava Ukraini!
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clr600
Level 8
It's all according to amount won and loss
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