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losing lottery tickets tax writeoff

losing lottery tickets tax writeoff

If You Are a Recreational Gambler, Here Are Some Tax Issues You losing lottery tickets tax writeoff The ticket was purchased on or after January 1, 1998 and the winnings from that ticket minus the purchase price are $600 or less Oregon lottery losses and losing lottery meme Lottery winnings and costs in the are treated exactly the same as any other gambling winnings and costs You can deduct the costs of a lottery ticket but

losing lottery tickets tax writeoff Due to the Tax Cuts and Jobs Act, the only miscellaneous deductions allowed lottery, and raffle tickets), but only to the extent of gambling

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