Can recreational players in USA offset winnings with proven losses?

[mjsuax13]

Everything is tracked online and the documents are very easy to pull up if you are betting at legal sites.

Please show us your strong records across the board. Thanks for the cheese.

[mjsuax13]

You pay at taxes on income not winnings, if you lose more than you win you have no income

Do you deduct your losing threads or do you argue with the IRS about your records being strong across the board? You might struggle in an audit.

[Unrivaled]

If there's one thing Morino should know, it is whether you have to pay taxes on net losses.

[thomorino]

Please show us your strong records across the board. Thanks for the cheese.

Do you deduct your losing threads or do you argue with the IRS about your records being strong across the board? You might struggle in an audit.

Wrong, dumb shits.

[The General]

There is no one on this forum who posts routinely who wins. Therefore, tax information is a silly thread. If you are a winning gambler, you have No time to hang out here and chit chat. Damn.