#Good news! The IRS has extended the tax deadline to April 18th! As long as you submit your federal return by midnight on 4/18/2018, you won't be considered a late filer for your federal return. Direct debit tax payments that are submitted with your federal return (or on the IRS website) by 4/18 are also considered timely filed ×

I lost money gambling. How much can I claim as a loss?

You can claim the gambling loss deduction up to the amount of gambling winnings that you entered as other income on your federal income tax return. The amount of your gambling loss deduction you claim can’t exceed your winnings.

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