2018 tax changes for gaming

[Tedlark]

Has anyone seen definite, written in stone, information regarding changes in the 2018 tax code regarding gaming wins? From what I've read so far, there are no significant changes.

As for webmans post and subsequent posts - no comment.

[wildman49]

For many of us the write off on IRS itemized form will hurt. Some of us don't make it to the $12,000 free write off with everything we can deduct, now its $24,000.Means more fed tax out of them 1099s. For people with enough deductions to get to the $24,000 without the losses if gaming will be fine. I am a few thousand short of the 12k right now so its not going to be good on me.

[MT1716]

See Jean Scott's latest blog post for more info on the new tax law and its affect on gamblers.