Playing taxes for your winnings are no longer exempt. Whilst you is also a U.S. citizen you owe Uncle Sam a portion, regardless if won right here or abroad. The IRS considers all playing winnings taxable earnings, even though or no longer it’s an amount that does no longer get reported to the IRS by the payer, fancy that $20 accumulate on a scratch off designate, or a lucky $250 when your numbers hit, even a $1,000 jackpot for your favorite slot machine. Sadly, playing taxes are due.
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