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About tax when you lose, they indicate because itemized deductions and possibly be deducted in your winnings. So it would be much better an individual will make sure of your taxes while them ready. Listed under "other miscellaneous deductions", you can to deduct up into the amount you have declared with your total payout. Please be reminded that your not allowed or you can't show a gambling tax loss. For example, your current products have declared $5,000 with your winnings, undertake it ! also declare $5,000 within your itemized deductions under failures. Just m