So, if you won $5k, you report all $5k as income. In the income section it specifically states “Gambling Winnings (excluding losses)” in the deductions section, it asks for “Gambling Losses”. I don’t care if “FanDuel’s app says net winnings”. Everyone saying that you report total winnings as income and report losses as a deduction is correct. Nobody would gamble if they did taxes like that”. Everyone arguing about who is right, who is wrong. Well, I’ve seen a ton of posts on here recently about taxes. * Gambler's Anonymous Contact Information. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER and visit /r/problemgambling /r/sportscontests - Paid and free sports contests.Ģ1+ only./r/sportsbookreview - Review the books you use.Up to $1500 Back in Bonus Bets Click for Promoĭevigger Tool | Devigger Explanation | Devigger Update Up to $1000 Back in Bonus Bets Click for Promoīet $5 Get $150 in Bonus Bets Click for PromoĢnd Chance Free Bet Up to $500 Click for Promo Selling of picks is not allowed here and will be removed by the moderators.Ĭlick here to join our Discord chat Desktop, iOS, and Android apps available! Sportsbook Please try to keep all discussions under the daily threads.
If you want to discuss your individual parlay/bet, individual games or props then /r/sportsbookextra is what you are looking for.
