Carl had $2,000 gambling winnings and $8,400 gambling losses this.Carl must include $2,000 in gross income and can deduct $8,400 as an itemized deduction.

Name: Carl had $2,000 gambling winnings and $8,400 gambling losses this.Carl must include $2,000 in gross income and can deduct $8,400 as an itemized deduction.
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The Answer of Carl had $2,000 gambling winnings and $8,400 gambling losses this.Carl must include $2,000 in gross income and can deduct $8,400 as an itemized deduction.

Carl Had $2,000 Gambling Winnings and $8,400 Gambling Losses This