Every payer already sent your W-2Gs and 1099s straight to the IRS. LedgerWager uploads, reads, and reconciles every gambling document you have — win/loss statements, bank records, PayPal, Venmo — into one clean, audit-ready package before your CPA ever opens a file.
Think of it like Plaid, but for every gambling document you own.
Automated bookkeeping and document organization — not a substitute for your CPA. Your assigned preparer reviews and files the final return. New for TY2026: also calculates the 90% gambling-loss deduction rule.
Reconciliation status
Starting TY2026, you can only deduct 90% of your gambling losses — even if you broke even for the year. That gap is called phantom income: taxable income that exists purely because of the new law, not because you actually won anything.
You won
$100,000
You lost
$100,000
You still owe tax on
$10,000
Break-even for the year. Not tax or legal advice — this is an illustrative example.
The full document-to-CPA-package workflow, end to end — not just a calculator.
Win/loss statements, W-2Gs, 1099s, bank statements, PayPal, Venmo, credit cards — from every sportsbook, casino, and payment method you used. PDF, image, or spreadsheet, whatever you've got.
Every document is classified and every transaction extracted — the real gross figures, never guessed, with the source document linked to each one.
Re-imported files, double-entered transactions, and missing months or documents are caught automatically — not discovered after you file.
Deposits, withdrawals, wins, and losses are grouped into gambling sessions and cross-checked against every W-2G and 1099 for that book.
Get your taxable income, phantom income, and net tax position instantly — reconciled across every book, no double-counting.
One click builds an audit-ready package — reconciliation report, workpaper, and every source document. A licensed preparer reviews before it's ever filed.
See exactly how W-2Gs, casino reports, and your return all tie together →
Not for someone who bets $20 on Sunday football. For players and preparers dealing with real complexity — and the CPA firms who serve them.
5–15 sportsbook accounts, hundreds of W-2Gs, bank/PayPal/Venmo records, and thousands of wagers across multiple states. We reconcile it all into one ledger.
Tournament payout sheets, casino win/loss statements, cash-transaction records — captured and cross-checked against what the IRS already has on file.
Stop assembling PDFs, CSVs, and screenshots by hand. Get one organized, audit-ready package per client instead of forty scattered files.
If a return ever gets a second look, every figure in the workpaper links straight back to the original statement it came from — no "where did this number come from" scramble.
LedgerWager is automated bookkeeping and document organization for gambling taxes — not a substitute for tax preparation. Your assigned CPA remains responsible for reviewing and filing the final return.
Free to track. Your assigned CPA reviews before anything gets filed.