Gambling taxes to your winnings are no longer exempt. For these that are a U.S. citizen you owe Uncle Sam a portion, regardless if won right here or in one other country. The IRS considers all gambling winnings taxable profits, even though it be an amount that does no longer obtain reported to the IRS by the payer, love that $20 need on a scratch off trace, or a lucky $250 when your numbers hit, even a $1,000 jackpot to your authorized slot machine. Sadly, gambling taxes are due.
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