The IRS has not released the 2009 Schedule A, so use the equivalent line when completing your returns for 2009. Gambling losses are deductible as miscellaneous itemized deductions on Schedule A Line 28. These taxes would be included with other withholding on Form 1040 Line 61. Depending on the type of wager, taxes may have been withheld. Gambling winnings are reported on Form 1040 Line 21. The IRS will certainly want to see your winnings on your 2009 Form 1040. The cruise ship most likely handed you a Form W-2G for gambling winnings and of course they will provide the IRS a copy. Neither Florida nor Texas impose individual income taxes, so your only partner in the winnings is Uncle Sam. Not only were you lucky on the high seas, you're also lucky there are no state income taxes involved. How do I report the winnings? Can I also use Louisiana losses toward this?
I won gambling money on a cruise ship in international waters they gave me a form for Florida.
