Gambling Log

This handout highlights the tax reporting requirement for taxpayers who have gambling winnings. It also includes a worksheet to track gambling activity.

HIGHLIGHTS: 

  1. Tax reporting requirements.

  2. Diary of winnings and losses.

  3. Proof of winnings.

  4. Gambling log.


CLIENTS WHO MAY BENEFIT:

  1. Taxpayers who have income from gambling winnings.

  2. Taxpayers who regularly gamble and need a way to track gambling activity.