Gambling taxes to your winnings are no longer exempt. Within the occasion you is at threat of be a U.S. citizen you owe Uncle Sam a fraction, regardless if won right here or abroad. The IRS considers all playing winnings taxable earnings, even supposing it be an amount that doesn’t ranking reported to the IRS by the payer, love that $20 steal on a scratch off mark, or a lucky $250 when your numbers hit, even a $1,000 jackpot to your favorite slot machine. Sadly, playing taxes are due.
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