Inside Nicole Kidman and Keith Urban's 10 Epic Years of Marriage: An Intense and Determined Romance. What a difference 10 years can make. Or a moment for that matter, because when Keith Urban met Nicole Kidman at the 2005 G'Day USA gala honoring Australians in Los Angeles, he was pretty much down for the count. And yet, it took him four months to pick up the phone.
While the IRS does not have a gambling losses tax, it does allow for you to deduct gambling losses on your tax return in the form of a miscellaneous deduction. To deduct your losses from gambling, you will need to: Claim your gambling losses on Form 1040, Schedule A as Other Miscellaneous Deduction (line 28) that is not subject to the 2% limit.
You may deduct gambling losses only if you itemize your deductions on Form 1040, Schedule A (PDF), and kept a record of your winnings and losses. The amount of losses you deduct can't be more than the amount of gambling income you reported on your return. Claim your gambling losses up to the amount of winnings, as Other Miscellaneous Deductions (line 28) that is not subject to the 2% limit. Nonresident Aliens If you're a nonresident alien of the United States for income tax purposes and you have to file a tax return for U.S. source gambling winnings, you must use Form 1040NR (PDF), U.S. Nonresident Alien Income Tax Return.