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Types of Gambling ActivitiesThe itemized deduction applies to a range of gambling activities, including Casinos Slot machines, table games, poker, and bingo Lotteries State and national lotteries Horse racing Betting on thoroughbred, harness, or quarter horse races Other wagering Sports betting, fantasy sports leagues, and even online gambling Reporting Your Gambling LossesYou can report your gambling losses on Form 1040, Schedule A, under Other Miscellaneous Deductions.
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