Individual Income Tax

Can I subtract my gambling losses?

Gambling/lottery winnings are subject to Michigan income tax to the extent that they are included in your federal adjusted gross income. The Michigan Income Tax Act has no provision to subtract your losses on the Michigan income tax return. Also, you cannot net the winnings and losses.

Note: You may exclude the first $300 won from gambling, bingo, awards or prizes from total household resources/household income. Anything over $300 must be included in total household resources/household income. Include gambling/lottery winnings on the line for "Alimony and other taxable income" on the MI-1040CR, MI-1040CR-2, or MI-1040CR-7.