No. SBCG Tax Experts is a record-keeping and estimation tool, not a preparer. The 90% cap, session grouping, and W-2G thresholds shown are general 2026 federal rules for illustration, and your situation may differ. Confirm with a qualified tax preparer before filing.

It gives you an estimate, not a guaranteed figure. The session log and scenario cards calculate your taxable gambling income first — the number that gets added on top of your other income. Add your filing status, state, and rough other taxable income in section 4, and the ledger stacks your gambling income on top of that using real 2026 federal tax brackets, plus a simplified per-state rate, to show an actual estimated dollar amount. It still doesn't know your credits, other deductions, the AMT, or the rest of your return, so treat it as a close planning number, not the figure to write on a check — bring it to your preparer, don't skip them.

Both. Federal tax is computed using your actual 2026 marginal bracket by filing status. State tax is a simplified estimate — one flat or top rate per state rather than a full bracket calculation — and the tool flags the handful of states (Connecticut, Illinois, Indiana, Massachusetts, Michigan, Ohio, West Virginia, and Wisconsin, as of this writing) that disallow the gambling-loss deduction entirely at the state level, even when you itemize federally. Married-filing-separately federal brackets are approximated as half of the joint thresholds. Confirm your specific state's current rules separately — this changes periodically.

Yes — pick your sportsbook or casino from the list when importing (or leave it on "Detect from file" for a mixed export), and sessions are grouped per book or venue per day by default, with a toggle to combine everything into one blended daily session if you'd rather see it that way. One nuance: offshore platforms aren't licensed in the US and won't issue a W-2G, so there's no third-party reporting trail behind that activity the way there is with a regulated operator.

The winnings, yes, without question — the IRS taxes gambling income regardless of where or how it was earned, including from a book that never touches US soil, pays out in crypto, or is licensed somewhere you've never been. US citizens and residents owe tax on worldwide income; a win at a UK bookmaker while traveling, or on a crypto site like Stake.com or Cloudbet, is reported the same as a win at a regulated US book (pick the platform from the list, or "Other" if it's not there, and log it like anything else). The separate, genuinely different question is whether the account itself — the balance sitting at the offshore site or in the wallet you fund it from — has to be disclosed on an FBAR (FinCEN Form 114) or Form 8938 once it crosses $10,000. Courts have generally found that a foreign gambling account by itself doesn't count as a reportable "foreign financial account" the way a bank account does (an unpublished Ninth Circuit case, U.S. v. Hom, is the usual citation) — but the payment processor or e-wallet you use to fund it can still be reportable if it functions like a money transmitter, and FinCEN's treatment of crypto wallets specifically has been shifting. This is a narrow, unsettled, easy-to-get-wrong corner of the law that has nothing to do with how much you won or lost — if you're moving real money through offshore or crypto accounts, this is a conversation to have with your preparer directly, not something this tool evaluates for you.

Yes — essentially anything you'd find in a full-service online or land-based casino, not just sportsbook wagers. Pick "Casino, DFS, or prediction market" in manual entry, then choose the specific game: slots or bingo, video poker, keno, specialty and game-show titles, table games including live dealer (blackjack, roulette, baccarat, craps, sic bo, pai gow, three card poker, Ultimate Texas Hold'em, Casino Hold'em), poker tournaments, poker cash games, or racebook wagers (horse and greyhound racing, jai alai). The form switches to buy-in and cash-out fields with the right W-2G rule already wired in for whichever you pick: slots, video poker, keno, specialty games, and poker tournaments auto-flag at a flat $2,000+ net win; sports bets and racebook wagers use the $2,000-plus-300-to-1 payout test; poker cash games and every table game (including live dealer and poker-adjacent table games) are never flagged since the IRS doesn't issue a W-2G for continuous-wagering games; prediction-market contracts and DFS entries aren't auto-flagged either — see the daily fantasy and prediction-market questions below for why. Sessions still group by venue and day the same way sportsbook activity does. There's no CSV import for casino play yet — venues don't export one the way sportsbooks do — but if you build your own spreadsheet with buy-in/cash-out/game-type columns, the CSV importer will generally recognize them; otherwise casino sessions go in one at a time through manual entry.

DFS gets its own entry type — pick "Casino, DFS, or prediction market" in manual entry, then "Daily fantasy sports (DFS)" as the type, with an entry-fee and payout field instead of odds. It's not auto-flagged for W-2G the way sportsbook or casino wins are: DFS operators report large wins on Form 1099-MISC (or 1099-K above the third-party-payment threshold) instead, since most states classify DFS as a contest of skill rather than a wager. That distinction matters beyond reporting forms, too — it's genuinely unsettled whether the 2026 90% wagering-loss cap (which lives in the same part of the tax code as the legal definition of a "wager") even applies to DFS at all. This tool includes DFS in the same session totals and cap math as everything else by default, as the conservative option, but a real argument exists for treating it as separate "other income" instead with no loss offset either way. That's a call worth making with your preparer, not something this tool decides for you.

Prediction-market contracts get their own entry type — pick "Casino, DFS, or prediction market" in manual entry, then "Prediction market," with a stake and payout field instead of odds. They're not auto-flagged for W-2G, but that's the smaller issue: no IRS guidance exists yet on how these contracts are taxed at all, let alone a published flagging threshold. Depending on who you ask, they could be gambling income (subject to the same 90% loss cap this tool applies everywhere else), ordinary trading income, or a special capital-gains category called Section 1256 contracts, which some tax professionals argue applies since Kalshi is a CFTC-regulated exchange. Even Kalshi doesn't issue a comprehensive 1099 for trading gains — only narrow ones for interest, rewards, or transfers — so you're generally tracking your own cost basis regardless of how it's ultimately characterized. This tool includes prediction-market activity in the same session totals and 90% cap math as everything else by default, as the conservative option, but a real argument exists for treating it differently. That's a call worth making with your preparer, not something this tool decides for you.

Pick the platform from the "Sweepstakes / social casinos" group when importing, or enter sessions manually the same as any other casino play (slots is the usual default — switch the type if you were playing table games or poker instead). These sites run on play-money "gold coins" plus a redeemable "sweeps coins" currency to stay outside traditional gambling licensing, but the tax analysis doesn't care about that structure: once sweeps coins are redeemed for cash or a cash-equivalent prize, that's gambling income, same as a cash-out from any other casino. Unredeemed sweeps-coin balances aren't taxable yet since you haven't received anything of value — track sessions from the point you actually redeem.

Nothing about your bet-by-bet ledger is uploaded. All parsing and math happen in your browser, and your ledger is saved only in this browser's local storage, never sent to a server. A few things leave your browser besides that, and only if you use them: the chat assistant in the corner sends just the message you type it (never your ledger) to generate a reply; email auto-sync briefly holds a forwarded confirmation email on our server until you add or dismiss it; and email check-ins or a CPA share link (both opt-in, Pro) sync only the specific already-computed number(s) you're sharing, deleted the moment you turn both off. See the Privacy Policy for the full breakdown. Clearing your browser data or switching devices means starting over unless you've exported a backup.

Any CSV with recognizable date, stake, odds, or profit columns — that covers most sportsbook statement exports and most bet-tracking app exports. For casino play, buy-in, cash-out, and game-type columns are recognized too, if you're building your own spreadsheet. The named-platform list covers 90-plus sportsbooks, online and sweepstakes casinos, DFS apps, prediction markets, racebooks, poker sites, and offshore or international operators — anything not listed still imports fine under "Other" or "Detect from file." If a column isn't recognized, use manual entry for those rows instead.

Starting with tax year 2026, itemizing filers can deduct only the lesser of 90% of their gambling losses or their total winnings — down from 100% previously — which can create taxable "income" even in a break-even or losing year.

There's a Schedule C framing that applies the same 90% cap math with a reminder about self-employment tax and deductible business expenses — but professional-gambler status is a facts-and-circumstances determination the tool doesn't make for you. Talk to a CPA if you're close to that line.

You can tag any bet or session with the state it was placed in (manual entry has a "State placed" field; CSV/paste imports have a picker that applies to the whole batch, or a recognized state column if your file has one). Section 2 then shows a winnings/losses breakdown by state for anything tagged. That's informational, not a computed multi-state liability — the section 4 estimate still applies one flat rate to your single home state, and real nonresident-sourcing rules for gambling winnings vary by state and aren't modeled here. Use the breakdown as the starting point for a conversation with your preparer if you bet somewhere other than your home state.

Turn on "This is a joint return" in section 2 and every bet gets a "Household member" tag (You/Spouse) — manual entry and each import batch let you pick which one. Once it's on, a Combined/You-only/Spouse-only view controls every number on the page, including the section 4 liability estimate, so picking "Married filing jointly" as your filing status and "Combined" as the view gives you one household total. Existing bets you'd already entered default to "You" automatically, so nothing breaks if you turn this on partway through the year.

A support chat that answers general questions about how this tool works and the tax rules it's built around — the 90% cap, W-2G thresholds by game type, what's covered, pricing. It never sees your ledger; it only knows what's public on this page and a bit more. It isn't gated behind sign-in or a paid plan — ask it anything before you sign up, or after.