Yes, You Can Deduct Your (Illegal) March Madness Betting Losses on Your Taxes

TTI lead tax research analyst Nate Rigney talks to OZY about how taxpayers can deduct illegal gambling losses but only against gambling income.

By: Brittany Benson  /  April 11, 2019

TTI lead tax research analyst Nate Rigney talks to OZY about how taxpayers can deduct illegal gambling losses but only against gambling income.

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Brittany Benson

Brittany Benson, JD, is a tax research analyst at The Tax Institute. Brittany specializes in the issues that affect Native American, international, and ministerial taxpayers.

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