Where to enter gambling winnings and losses

Winnings:

If reported on a W2G, enter gambling winnings on screen W2G. Otherwise, enter the total amount in the Gambling winnings field on screen 3 - Income.

Losses:

Losses are entered on Schedule A. If taking the standard deduction, no deduction is allowed for gambling losses. Gambling (or gaming) losses may be taken only to the extent of gambling winnings (Return Note 288 will generate). On screen A - Itemized Deductions Schedule, enter the losses as Other not subject to 2% limit. Use the drop list to select Gambling Losses.

If only gambling losses are entered into the return, EF Message 0197 generates as the amount of gambling losses that carries to the return would be zero. If there are no gambling winnings to be reported, there is no deduction allowed for gambling losses. To clear this EF Message, either:

• Go to screen 3 or the W2G screen and enter the gambling winnings, or

• Remove the gambling losses from the Schedule A screen.

Indiana Hoosier Lottery Winnings on W2G Screen

On the W2G screen, in the first line of the field Payer’s name, use the name “HOOSIER” to identify the W2G winnings as Hoosier Lottery. The entry is not case sensitive.

Text that includes the word “Hoosier” also will identify the Hoosier Lottery. Do not include the word “Hoosier” in the line if you do not intend to identify the Hoosier Lottery.