Discussion:A client won a lottery prize ...

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Discussion Forum Index --> Tax Questions --> A client won a lottery prize ...


Dsglouise (talk|edits) said:

22 March 2007
A client won a lottery proze for $1000, but lost $500 in Atlantic City. Can I deduct $500 from $1000?

Birdman (talk|edits) said:

22 March 2007
you can't net the amounts. unfortunately, you have to put the 500 on schedule a. If the client doesn't itemize, then out of luck.

Bx524 lca (talk|edits) said:

March 22, 2007
Agreed.

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