2026 Gambling Tax Report
Federal + state · All platforms included
Source records. —
Result state. —
CPA Workpaper
Drake · ProSeries · UltraTax
1
Executive Summary
Tax year 2026 · 10 months
2
Outcome comparison — naive vs session, standard vs itemized
Four ways to file this year
3
Schedule 1 — Gambling Income
Form 1040, Schedule 1, Line 8b
All gambling winnings are reportable income (Schedule 1, Line 8b). The per-session method (AM2008-011 / Notice 2015-21) determines net gains per session.
4
Schedule A — Loss Deductions
Form 1040, Schedule A, Line 16
5
Entering these numbers in your tax software
TurboTax · H&R Block
6
W-2G Matching
All forms cross-referenced
7
Session Log
Documented session methodology · grouped by platform
Important: This report is produced for tax preparation purposes and is intended for use by you and your licensed CPA or tax professional. TaxBet is not a tax filing service and this document does not constitute tax advice. Accuracy depends on the completeness of transaction data provided by your gambling platforms. Consult a licensed CPA before filing. Not tax advice.