Have a Tax Question? Ask a Tax Expert
Hi. My name is ***** ***** I will be happy to help you.
You can deduct any state taxes if you itemize your deduction on your federal return. You can choose between deducting general sales tax or income tax. But if you live in TX where's no income tax you may choose to deduct sales tax instead if it is higher than the income tax from OK.
OK. Deduction of losses and deduction of income tax are two separate deduction. Most state do not allow direct deduction of gambling losses but if you claim as nonresident in OK, you are allowed to claim federal itemized deduction, which means you will reduce your OK income by the losses if you itemize your deduction.
If you losses are from 2015 and 2016, you will have to claim what you lost in 2015 on your 2015 return and your 2016 losses on 2016 return.
Any questions? Is there anything else I can help you with today?