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 if you itemize your deductions. You can deduct your losses only up to the amount of your total gambling winnings. You must generally report your winnings and losses separately, rather than reporting a net amount.f you have gambling winnings, you must report them on Line 21 of Form 1040. You won't be able to use Form 1040EZ or 1040A. But you can use efile.com to prepare and efile your tax return with ease. The software walks you through the tax preparation process, helps you fill out the right forms, and checks for errors.