Posted on: January 13, 2026, 07:42h.
Last updated on: January 13, 2026, 09:04h.
- Nevada’s congressional delegation is spearheading the restoration of the gambling losses deduction
- The One Big Beautiful Bill trimmed the gambling deduction from 100% to 90% for taxpayers
Congress has fielded yet another bill that seeks to restore the gambling deduction to 100% for itemized taxpayers.