Taxes on gambling winnings calculator?

[NomadicPlay]

I’ve been wondering about taxes on gambling winnings lately. I’ve had a few decent wins recently, and I want to make sure I’m squared away come tax time. Does anyone know of a reliable gambling winnings calculator? Something that works for both big jackpots and smaller wins from poker or slots would be great.

I’m especially looking for something that breaks down how much you owe depending on your location and whether any deductions apply for losses. Tracking this manually is a pain, so an easy-to-use tool would be a lifesaver.

If you’ve got suggestions or tips for managing taxes on gambling, throw them my way. Better safe than sorry when it comes to Uncle Sam..

 

[PercyTheIII]

TurboTax has a built-in gambling winnings calculator that’s fairly straightforward. You can also track losses for deductions if you itemize

 

[MisterMiyagi]

TaxAct that can give you an estimate and it is free.