{"id":14949,"date":"2026-01-27T08:30:00","date_gmt":"2026-01-27T13:30:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=america&#038;p=14949"},"modified":"2026-01-27T07:19:37","modified_gmt":"2026-01-27T12:19:37","slug":"house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction\/","title":{"rendered":"House blocks last-minute fix to restore full gambling-loss tax deduction"},"content":{"rendered":"\n<p>A fresh push to restore the <strong>100% federal deduction for gambling losses<\/strong> hit a procedural wall in the U.S. House after the <strong>House Rules Committee<\/strong> declined to allow an amendment that would have reversed a <strong>new 90% cap<\/strong> set to take effect in <strong>tax year 2026<\/strong>.<\/p>\n\n\n\n<p>The attempted fix was championed by <strong>Rep. Dina Titus (D\u2013Nevada)<\/strong>, who argued the 90% limit creates a tax fairness problem by generating \u201cphantom income\u201d for people who break even. Under the new rule, a taxpayer who reports <strong>$100,000 in winnings<\/strong> and <strong>$100,000 in losses<\/strong> would be able to deduct only <strong>$90,000<\/strong>, leaving <strong>$10,000<\/strong> exposed to tax despite a net result of zero.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p>Titus sought to attach the change to the <strong>Consolidated Appropriations Act, 2026 (H.R. 7148)<\/strong>, but the Rules Committee did not advance the amendment for floor consideration, and the package moved forward without the gambling-loss fix. Supporters describe this as a setback because appropriations vehicles can be one of the fastest paths for technical tax corrections\u2014especially when timing is tight and the new limitation is already scheduled to start in 2026.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"667\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/01\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction2.jpg\" alt=\"\" class=\"wp-image-14952\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/01\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction2.jpg 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/01\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction2-300x200.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/01\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction2-768x512.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>The broader legislative fight continues through stand-alone bills. Titus has promoted the <strong>FAIR BET Act<\/strong>, introduced in <strong>July 2025<\/strong>, which would reinstate full deductibility of losses up to winnings. Separately, <strong>Reps. Steven Horsford (D\u2013Nevada)<\/strong> and <strong>Max Miller (R\u2013Ohio)<\/strong> introduced <strong>H.R. 6985<\/strong>, the <strong>FULL HOUSE Act<\/strong>, also aimed at restoring the long-standing 100% rule.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"500\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/01\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction3.png\" alt=\"\" class=\"wp-image-14951\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/01\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction3.png 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/01\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction3-300x150.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2026\/01\/house-blocks-last-minute-fix-to-restore-full-gambling-loss-tax-deduction3-768x384.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>One reason the issue is politically sticky is revenue. Coverage of the 2025 tax change cites estimates that the 90% cap could raise roughly <strong>$1.1 billion over 10 years<\/strong>, money lawmakers may be reluctant to give back without offsets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>House blocks bid to restore 100% gambling-loss tax deduction as 2026 90% cap approaches<\/p>\n","protected":false},"author":1,"featured_media":14953,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[1458,57,15,1218],"class_list":{"0":"post-14949","1":"america","2":"type-america","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sin-categoria","8":"tag-america","9":"tag-casinos","10":"tag-gambling","11":"tag-tax","12":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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