31 helpful tips for self-filers - Huffington Post

[Son_of_Perdition]

Here is a list for those who want to file their own taxes. Number 1 is the first consideration for a large majority of retirees.

http://www.huffingtonpost.com/gobankingrates/31-tips-when-doing-your-o_b_9254038.html

 

[Linda]

That surprised me about the gambling loss deduction. I'd heard it before but I thought the person who told me that was nuts.

 

[Butterfly]

That surprised me about the gambling loss deduction. I'd heard it before but I thought the person who told me that was nuts.

You can only deduct your losses to the extent of your winnings.

 

[Linda]

I know, I read the whole thing. I had a friend who's dad always saved all his lotto tickets through the years so if he ever won the big one he could deduct them. I imagine they'd only let him deduct for that taxable year though. It doesn't matter to me, I'm not going to save my lotto tickets except for the 2nd chance scratchers.

 

[AliciaGoods]

suprised