A resident individual cannot net his or her casino slot machine gambling winnings with gambling losses in computing New York adjusted gross income for New York State and City income tax purposes. Advisory Opinion, TSB-A-16(5)I (N.Y.S. Dep't of Taxation & Fin., Aug. 31, 2016) (released Oct. 6, 2016). Similar to the federal income tax treatment, the individual must report the full gambling winnings as income, with gambling losses permitted only as itemized deductions up to the amount of the winnings. According to the Advisory Opinion, as is the case for other New York itemized deductions, gambling losses may be subject to reduction for higher income individuals.