Biz Write-Offs LogoBiz Write-Offs

Professional gambler expenses

Varies

Can You Write Off Professional Gambler Expenses?

Short answer: Professional gamblers report on Schedule C and can deduct losses and expenses, but only up to winnings.

Starting in 2026, only 90% of losses count.

Records to keep: Keep receipts, 1099s and platform tax summaries, a mileage log, and a note of the business purpose.