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• 04:35, 25 May 2024 Rosaura66V talk contribs created page The Upside To Sports (Created page with "<br>For instance, if you have $5,000 in winnings but $8,000 in losses, your deduction is limited to $5,000. You could not write off the remaining $3,000, or carry it forward to future years. • The amount of gambling losses you can deduct can in no way exceed the winnings you report as revenue. Gambling losses are indeed tax deductible, but only to the extent of your winnings. Then a player for the San Jose Sharks, Kane and his wife, Deanna, have been getting into divor...")