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Poker tax calculator

Tournament cashes and cash-game wins are taxable, and from tax year 2026 only 90% of your losses are deductible. Enter your yearly totals for a casual-player estimate. If poker is your trade or business, use the professional gambler calculator instead.

Enter the year's totals
Deductible losses (90% limit, capped at winnings)$90,000
Taxable gambling income$10,000
Of which is phantom income (the 10% of losses no longer deductible)$10,000

An estimate for a single-year federal calculation only — automated bookkeeping, not tax advice. A licensed CPA should review before filing.

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The totals above are only as good as the documents behind them. W2gMatch reads your W-2Gs, win/loss statements and IRS transcript and ties them together.

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