Tax Scam That's Made Loser Lottery Tickets a Commodity on

website can you write off lottery tickets Add that amount to any other income, including gambling winnings, you're reporting on your state and federal tax returns Can I deduct my candy tower slot 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

can you write off lottery tickets Therefore, Taxpayer Davis may not deduct the cost of the losing lottery tickets on her Massachusetts return However, since federal law taxes the gain from  In one Craigstlist ad in the Detroit area, a seller lists $1,100 worth of losing lottery tickets for $70 The ad states: Good for tax write-off  You should keep accurate records If you are going to deduct gambling losses, you must have receipts, tickets, statements and documentation, such as a diary or

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