Deleting Excess Gambling LossesShown are portions of Schedule 1 and Schedule A.Schedule 1 shows lines 8 and 9. Entries are present as follows: Line 8, Other income - Gambling - 2,000.00.Line 9, Total - 5,000.00.Schedule A shows lines 8c through 17. Entries are present as follows: Line 8e, Add lines 8a through 8c. - 500.00Line 9, Investment Interest. - 460.00Line 10, add lines 8e and 9 - 960.00Line 11, Gifts by cash or check - 9,000.Line 14, Add lines 11 through 13. 9,000Line 16, Other - from list in instructions. List type and amount. Gambling losses is present. 8,000.00 on line 16, a red X is edited to the left of 8,000.00 and 2000 is edited in red to the left of the X. The taxpayer cannot claim more losses than winnings reported on line 8, Form 1040.Line 17, Add the amounts in the far right column for lines 4 through 28. Also, enter this amount on Form 1040, line 8. - 18,327.00.