Are gambling losses deductible on federal tax

broken image

With this new form of potential income, many Kansas residents are curious about how sports betting winnings or losses will be taxed federally and by the state. These online platforms include DraftKings, FanDuel, Barstool Sportsbook, BetMGM, PointsBet and Caesar’s Sportsbook. 1, 2022, online sports betting officially began on six different online platforms in Kansas. On May 12, 2022, Governor Laura Kelly signed Senate Bill 84.

broken image

 

PreviousNext
Cookie Use
We use cookies to improve browsing experience, security, and data collection. By accepting, you agree to the use of cookies for advertising and analytics. You can change your cookie settings at any time. Learn More
Accept all
Settings
Decline All
Cookie Settings
Necessary Cookies
These cookies enable core functionality such as security, network management, and accessibility. These cookies can’t be switched off.
Analytics Cookies
These cookies help us better understand how visitors interact with our website and help us discover errors.
Preferences Cookies
These cookies allow the website to remember choices you've made to provide enhanced functionality and personalization.
Save