can you use losing lottery tickets on your taxes
Yes, you can deduct gambling losses on your taxes
can you use losing lottery tickets on your taxes
can you use losing lottery tickets on your taxes
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can you use losing lottery tickets on your taxes Tickets are bearer instruments, meaning if you lose a ticket before you sign it, you no longer have valid ownership of the ticket Once your ticket is signed, How long does it take to get your money if you win the lottery? Generally So you if you find a winning lottery ticket and can't find the owner, it You must report the full amount of your gambling winnings for the year on IRS Form 1040 in order to deduct gambling losses You deduct your gambling losses for