No, gambling losses are deductible to the extent of gambling winnings and are treated only as an itemized deduction.
Dani
May 26, 2009
No, be that a lesson learned
papasmurf4891
May 26, 2009
i would lol
rtist50
May 27, 2009
Yeah you could try….but don’t think it’ll do anything but cause you to get audited.
chill
May 29, 2009
i thought online poker gambling was illegal now?
Theanswer
May 29, 2009
yes let them send you a receipt
Dan
June 1, 2009
I guess it depends how you can prove that you spent it. Did you get it out of an ATM? If you did you would have got a receipt.
There is no such thing as a gambling expense. If you have your own business you could possibly just add in $100.00 somewhere to get benefits from the monies you lost – but I think you are most likely out of luck!!!!
.♥.when will it rain
June 4, 2009
Sure, as long as it was a business expense. Are you studying the effects of gambling, or the potential amount of money you can make/lose per year lol.
Gumms Dumps
June 8, 2009
you should write , by the way , where do u play , i wanna try
here’s my newly make blog
panttila2004
June 11, 2009
LMAO… NO….. but you can get a portion of the rake you paid if you played ring games. go to to get a percentage of the rake you payed when you played. But out of a hundred dollars your rakeback would only be around 15 cents… good luck in the future. Try PKR.com its a great site to play. Very realistic
Judy
June 11, 2009
No. If you have gambling winnings for the year, you have to report them as other income – then if you itemize you can deduct gambling losses but only up to the amount of the winnings.
? ?
June 12, 2009
Actually you can deduct any gambling losses you so can write off the hundred bucks……..
The problem is that you can only write it off to the extent you have gambling winnings (which you have to report as income – dont forget).
I.e. if you won 400 and lost 300 you can write off the 300
if you won 100 and lost 300 you can only write off 100
Lancez
June 15, 2009
No you cannot
kathykoul
June 16, 2009
Gambling losses are only deductible up to the amount of gambling gain. So if you win 500 and have 1000 of losses you only get 500 for the losses.
Hahah.. Unlucky.. =( Unfortunately not.
i would think not
No, gambling losses are deductible to the extent of gambling winnings and are treated only as an itemized deduction.
No, be that a lesson learned
i would lol
Yeah you could try….but don’t think it’ll do anything but cause you to get audited.
i thought online poker gambling was illegal now?
yes let them send you a receipt
I guess it depends how you can prove that you spent it. Did you get it out of an ATM? If you did you would have got a receipt.
There is no such thing as a gambling expense. If you have your own business you could possibly just add in $100.00 somewhere to get benefits from the monies you lost – but I think you are most likely out of luck!!!!
Sure, as long as it was a business expense. Are you studying the effects of gambling, or the potential amount of money you can make/lose per year lol.
you should write , by the way , where do u play , i wanna try
here’s my newly make blog
LMAO… NO….. but you can get a portion of the rake you paid if you played ring games. go to to get a percentage of the rake you payed when you played. But out of a hundred dollars your rakeback would only be around 15 cents… good luck in the future. Try PKR.com its a great site to play. Very realistic
No. If you have gambling winnings for the year, you have to report them as other income – then if you itemize you can deduct gambling losses but only up to the amount of the winnings.
Actually you can deduct any gambling losses you so can write off the hundred bucks……..
The problem is that you can only write it off to the extent you have gambling winnings (which you have to report as income – dont forget).
I.e. if you won 400 and lost 300 you can write off the 300
if you won 100 and lost 300 you can only write off 100
No you cannot
Gambling losses are only deductible up to the amount of gambling gain. So if you win 500 and have 1000 of losses you only get 500 for the losses.