Gambling Losses

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  • fliszt
    Senior Member
    • Jun 2005
    • 518

    #1

    Gambling Losses

    TP has 1099G for $1400. Has record of losses for $900. TP's spouse has record of losses for $1700. Can TP use spouses' losses to help offset his winnings? They are MFJ.
    Thanks for you help.
    Last edited by fliszt; 02-13-2007, 11:52 AM. Reason: Added
  • jimenright
    Senior Member
    • Dec 2006
    • 170

    #2
    yes you may

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