Tax Slayer entry:
Federal Section > Income > Other Income > Gambling Winnings (W-2G)
- Each W-2G should be entered on its own W2G form, even if from the same payer.
- The total of all GAMBLING WINNINGS appears on the Form 1040 Miscellaneous Income line 21.
Federal Section > Deductions > Itemized Deductions > Miscellaneous Deductions
- Enter the amount, not to exceed total gambling winnings