In 2020, Lucas ONeal has gambling winnings of $7,000 and gambling losses of $11,000. Assuming Lucas will use the standard deduction, how will he report the gambling activity on his 2020 federal income tax return?

A. Gross income of $7,000; zero deduction

B. Gross income of $7,000; $11,000 deduction for AGI

C. Net loss of $4,000, zero itemized deduction

D. Gross income of $7,000; $4,000 deduction for AGI

E. None of the above