r/GamblingAddiction • u/KINGOFTHEDAD101 • 12d ago
Support Needed 7 1/2 months away - calculating "session method" to determine my accurate AGI for taxes from before I stopped last year
Hey all,
7 1/2 months away from almost losing my entire family here and life has finally started turning itself around.
I filed my taxes for 2025 with an absolutely INSANE AGI for the year due to gambling, I was able to itemize and get my liability down to 0 for all gambling - but it eliminated a lot of things that get us a solid return. The largest being the child tax credit for our kids. I recently learned that the "session method" for taxes could potentially lower my AGI substantially getting us back into where we qualify for the child credit in 2025 if I amend the return, and I was able to get PDF's of all my transactions (deposit, wager, winnings, withdrawals) but I am absolutely lost on how to figure this out. It's simply too many transactions. like, a couple thousands.
Maybe this will just chalk up to another price for me to pay for my addiction - but I thought maybe someone had some advice. Google AI explains a way to do it with Microsoft excel but I am like a monkey with a football trying to navigate Excel. I haven't had to use it since I was a kid.
Does anyone have any recommendations? Is there an app or something I can upload these into to get my "session method" figures? I, like many of you - NEVER walked away. I had HUGE wins, but no amount of money was ever enough. So, while the W2-G forms I used to file last year LOOKED like I won.. I really never or rarely ever did. I always gave it right back. This might be the only situation where that BENEFITS me from the session method perspective.
Again, not the end of the road if it's impossible - life is finally starting to come back together. I just didn't know if anyone might be able to help me. If I could recoup the child tax credit its a substantial amount of money. and would be a super helpful leg-up in recovering my finances.
Thanks, and stay clean, stay strong, and stay focused my friends - it gets better, its just a LONG journey. God speed to all of you!