Tax question on Taxable Jackpots

This is a rare year where I have been getting a number of taxable jackpots. I am anything but a professional gambler. Will the coin in and out on a year end win loss statement from the few joints I play at serve as proper documentation for the IRS? I sure as heck dont want to mess with keeping a log book if it can at all be avoided.
I am ignorant in this area as it has not been a concern for many years and while a call to my accountant would provide me with a definitive answer I am curious at to the replies I might receive. Thank you
Keep your win-loss statements, but they are for you -- not for the IRS. You don't submit them with your tax form. You don't need documentation for the IRS unless you are subsequently audited. My tax preparer has always claimed the total of my W2G's as "miscellaneous income" on the front of the form, and then deducted that same amount as "gambling losses" on my itemized deductions form. No problem so far, and it's been years. (Now I rarely, if ever, get a W2G, unfortunately for my bankroll, lol.)

Ditto what Sue does.
Your Acct. will need your W2G's though. My CPA always returns the originals
after our Tax return is submitted.

I basically use my W2G wins as income, and hope to have enough losses to cover it.
The past several years I haven't had enough losses. I know, nice problem to have.

The Win/Loss statements help me figure it out, so I get them from every Casino I visit.
I do not submit win/loss statements to CPA, and he does Not submit them with Return.
Just the W2G's.

I save tiny TITOs, and it shows where I was, and when. Sometimes I note amounts
on the Tito. I also save Casino Cash & ATM receipts for all my trips.

Log books are good to have if you get audited. I keep hoping to dodge that bullet,
because I just dont take the time to do it. More power to those who do.
I have read many reports of those have said Win/Loss is useless for IRS and that you need the logbook. Also seen some post that they have been through an audit and win loss satisfied the auditor.

Of course, I have lots of win/loss (pretty much all loss) that does not show. There are times I play without using my card, and it therefore is not reported.

I was audited a couple of years ago and the auditor said the win/loss were satisfactory. But than, I showed a profit so they got some money.
Last couple of years I've had an abundance of W-2G's and offset most of them with the W/L stmts, but have always had a profit. So far this year I have 7 (6 from the Jan trip), so its another good year...so far.
I hope to have Your Auditor if I'm ever audited, Capt. Bill. lol

Because I use my Players cards 100% of the time, my Win/'Loss statements, are pretty darn accurate.

Again, I don't worry about Lack of a Logbook, unless audited and you get a hardcore Agent
who Insists on one.

I think a combo of Win/loss statements, Travel receipts, ATM receipts, tiny Tito's and other
documentation of your trips? Should suffice most Auditors........... IF youre Audited.

Most of us aren't audited...........knock on wood.
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