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Wisconsin gambling losses
Talking with someone about a potential gambling problem can be difficult. Filling out a coupon or entry form that is received through the mail or published in a newspaper or magazine, if facsimiles of the coupon gamblnig entry form or handwritten and other informal entries are acceptable or if no purchase is required.
To continue your participation in TurboTax AnswerXchange: Gambling losses at the federal level are deductible wiscojsin expenses to the extent they offset gambling gains. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A check on the case law indicates that no challenge to the Wisconsin position has been made along these lines. However, many states do not give credits for local taxes. Form Internal Revenue Service: United States39 Fed.For non-professional gamblers, the Wisconsin Department of Revenue asserts that deductions for gambling losses must be added back into. When problem gamblers lose at gambling, they "chase their losses." Instead of Encourage him/her to call Wisconsin's toll-free helpline. Gambling losses are indirectly deductible on your income tax return in the state of Wisconsin. While you don't claim them on your actual.