Gambling taxes on your winnings aren’t exempt. Whenever you happen to are a U.S. citizen you owe Uncle Sam a allotment, regardless if obtained right here or abroad. The IRS considers all gambling winnings taxable revenue, even though or not it’s an quantity that doesn’t earn reported to the IRS by the payer, enjoy that $20 safe on a scratch off tag, or a lucky $250 when your numbers hit, even a $1,000 jackpot on your favourite slot machine. Sadly, gambling taxes are due.
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