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About tax when you lose, they indicate because itemized deductions and become deducted to your winnings. To ensure that would be considerably better should you take care of your taxes and stop them on recording. Listed under "other miscellaneous deductions", you should be able to deduct almost the amount you have declared with your total earnings. Please be reminded that you will not be allowed anyone can't show a gambling tax decrease. For example, if you have declared $5,000 in your winnings, it's also possible