Form W-2G

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.

Gambling losses:

Federal Section > Deductions > Itemized Deductions > Miscellaneous Deductions

  • Enter the amount, not to exceed total gambling winnings