Limitations on loss deductions The amount of gambling losses you can deduct can never exceed the winnings you report as income.
Conclusion Foreign nationals with gambling winnings are suggested to contact an expat tax CPA that specializes in working with nonresidents with US interests. You must report them on your tax return. Terms and conditions may vary and are subject to change without notice. Service, casino isle vista of expertise, experience levels, hours of operation and availability vary, and are subject to restriction and change without notice. Las Vegas is one of the favorite destinations of foreign nationals visiting the USA.When it comes to writing off gambling losses on your income tax return, the IRS is very strict. Every year the IRS receives tax returns from people who claim their. What is Gambling Winnings Tax on Foreign Nationals? How to claim a tax treaty and tax refund for nonresidents? What is form NR? Expat Tax CPA. It's bracket season! Let's take a closer look at reporting gambling winnings and losses on your taxes.