Your 2026 gambling winnings and losses, under the 90% rule
Drop your sportsbook history. Wagertally adds up your winnings and losses bet by bet, applies the new 2026 limit — 90% of losses, never more than winnings — and checks whether itemizing beats the standard deduction. It runs in your browser; nothing is uploaded.
How it works
- Download your bet history from each sportsbook's account page (CSV or Excel) and drop it here — or try the sample or the template.
- Pick your filing status and type your other itemized deductions, then read your winnings, losses, the 90% limit and every check.
- Give the worksheet to whoever prepares your return, or copy the Schedule 1 and Schedule A amounts yourself.
Why Wagertally
For recreational sports bettors and casino players who need their 2026 gambling winnings and losses for their tax return — and want to see what the new 90% loss limit does to them — without uploading their betting history to anyone.
Any sportsbook's history
A CSV or Excel export with a date, stake and payout (or a Won/Lost result) — or a net win/loss column for a casino statement. Add every book you used; each gets a subtotal.
Winnings and losses, bet by bet
Each winning bet's profit counts as winnings and each losing stake as a loss — not just your net. Pushes and voids are $0; bonus bets have no stake. Or net them per book per day.
The 2026 90% rule
From 2026, only 90% of your losses can be deducted, and never more than your winnings. Wagertally shows how much of your gambling income stays taxable — even in a year you broke even.
Itemize or not
Losses count only if you itemize. Wagertally compares the allowed losses plus your other itemized deductions with the 2026 standard deduction for your filing status.
Checks before you file
Duplicate rows, open bets, rows from 2025, a W-2G total bigger than your winnings, wins big enough for a W-2G, missing books and months.
Print or export
Print the worksheet for your records or your preparer, or with Pro get the Excel workbook, the bets CSV and the sessions CSV.
Simple pricing
Free for the winnings, losses, the 90% limit, the itemize check and every check. Pro for every bet and the exports.
Free
- Any number of bets
- Winnings, losses, the 90% limit and every check
- First 25 bets, print with a footer
- No signup, nothing uploaded
7-day pass
- 7 days of Pro, no subscription
- Every bet, print without footer
- Excel workbook and bets CSV
- Sessions CSV
Pro Yearly Best value
- Everything in Pro
- Check your tax position any month
- Costs less than 6 months of monthly
Prices in USD. Secure checkout and sales tax handled by our payment partner. Already bought? Enter your license key.
Tools & guides
- The 2026 gambling loss 90% limit, worked out from your bets
- Sportsbook winnings and losses for your 2026 return
- Casino win/loss statement plus your sportsbooks, one 2026 total
- Gambling Losses in 2026: Itemize or Take the Standard Deduction?
- Form W-2G in 2026: What It Reports and Why It Isn't the Whole Story
- Getting Your Sportsbook Bet History Ready for Taxes
- A tax-time alternative to Pikkit Pro
FAQ
What does Wagertally do?
It reads your 2026 sportsbook bet history (and any casino win/loss statement you type in) and works out your gambling winnings, your losses, how much of the losses the new 90% rule lets you deduct, and whether itemizing beats the standard deduction. It doesn't file anything.
What changed for 2026?
The One Big Beautiful Bill Act changed the rule for tax years after 2025: you can deduct only 90% of your gambling losses, and still no more than your winnings. Someone who won $50,000 and lost $50,000 used to owe tax on nothing; for 2026 they deduct $45,000 and $5,000 stays taxable.
Why not just use my net?
The IRS wants gross winnings on Schedule 1 and losses as an itemized deduction on Schedule A. Many bettors with a net loss still have thousands of dollars of winnings. Bet by bet is the strict reading; netting per book per day (the session method) is accepted for slot play and less settled for sports bets.
Is my data uploaded?
No. Your files are read by JavaScript in your browser tab and never sent to us or anyone else. Your bets aren't stored, so closing the tab clears them. Settings can be saved in this browser.
What's free?
Importing any number of bets, the winnings, losses, the 90% limit, the itemize check, every check and the first 25 bets on screen and in print (with a footer). Pro shows and prints every bet and exports the Excel workbook, the bets CSV and the sessions CSV.
What isn't covered?
State taxes (many states treat losses differently), professional gamblers (Schedule C), nonresidents, and the itemized deduction limits for high incomes. Federal only. The totals are only as complete as the history you load.
Is this tax advice?
No. Wagertally applies the rules it describes to the data you provide. Ask your tax adviser what applies to you.