Keep a Gambling Diary to Track Gambling Losses Perhaps now you’re wondering how you can prove gambling losses on your taxes, here are some things to keep in mind. Luckily, certain amounts of losses can be deduced from one’s taxes. However, players shouldn’t forget that gambling is more than a hobby – it is a real money game and, as a result, is fully taxable.
Gambling is an increasingly popular pastime in the USA and beyond because of how fun and thrilling it can be.
