Treasury Regulations (26 C.F.R.)
26 CFR § 1.165-10
Wagering losses.
Official textecfr.govlast amended
Losses sustained during the taxable year on wagering transactions shall be allowed as a deduction but only to the extent of the gains during the taxable year from such transactions. In the case of a husband and wife making a joint return for the taxable year, the combined losses of the spouses from wagering transactions shall be allowed to the extent of the combined gains of the spouses from wagering transactions.
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In this part (40 sections)
- 1.163(j)-9 · (j)-9 Elections for excepted trades or businesses; safe…
- 1.163(j)-10 · (j)-10 Allocation of interest expense, interest income,…
- 1.163(j)-11 · (j)-11 Transition rules.
- 1.164-1 · Deduction for taxes.
- 1.164-2 · Deduction denied in case of certain taxes.
- 1.164-3 · Definitions and special rules.
- 1.164-4 · Taxes for local benefits.
- 1.164-5 · Certain retail sales taxes and gasoline taxes.
- 1.164-6 · Apportionment of taxes on real property between seller and…
- 1.164-7 · Taxes of shareholder paid by corporation.
- 1.164-8 · Payments for municipal services in atomic energy communities.
- 1.165-1 · Losses.
- 1.165-2 · Obsolescence of nondepreciable property.
- 1.165-3 · Demolition of buildings.
- 1.165-4 · Decline in value of stock.
- 1.165-5 · Worthless securities.
- 1.165-6 · Farming losses.
- 1.165-7 · Casualty losses.
- 1.165-8 · Theft losses.
- 1.165-9 · Sale of residential property.
- 1.165-10 · Wagering losses.
- 1.165-11 · Election to take disaster loss deduction for preceding year.
- 1.165-12 · Denial of deduction for losses on registration-required…
- 1.166-1 · Bad debts.
- 1.166-2 · Evidence of worthlessness.
- 1.166-3 · Partial or total worthlessness.
- 1.166-4 · Reserve for bad debts.
- 1.166-5 · Nonbusiness debts.
- 1.166-6 · Sale of mortgaged or pledged property.
- 1.166-7 · Worthless bonds issued by an individual.
- 1.166-8 · Losses of guarantors, endorsers, and indemnitors incurred on…
- 1.166-9 · Losses of guarantors, endorsers, and indemnitors incurred, on…
- 1.166-10 · Reserve for guaranteed debt obligations.
- 1.167(a)-1 · (a)-1 Depreciation in general.
- 1.167(a)-2 · (a)-2 Tangible property.
- 1.167(a)-3 · (a)-3 Intangibles.
- 1.167(a)-4 · (a)-4 Leased property.
- 1.167(a)-5 · (a)-5 Apportionment of basis.
- 1.167(a)-5T · (a)-5T Application of section 1060 to section 167…
- 1.167(a)-6 · (a)-6 Depreciation in special cases.