Casino Win-Loss Tracker Tool
NEW FEATURE ALERT! Check out our new Win-Loss Tracker Tool! Keeping up with your own wins and losses can be a very manual process that leaves room for error and without proper documentation, individuals may face challenges in proving their gambling income and deductions to the IRS, leading to potential legal and financial consequences. That’s why we’ve simplified it with our Win/Loss tracker tool! Tracking your casino wins and losses is not only crucial for responsible gambling and financial management but also beneficial for tax purposes.
From the IRS Website: “To deduct your losses, you must keep an accurate diary or similar record of your gambling winnings and losses and be able to provide receipts, tickets, statements, or other records that show the amount of both your winnings and losses.”
