Gambling taxes for your winnings are no longer exempt. Can bear to you are a U.S. citizen you owe Uncle Sam a part, regardless if won right here or in a single other country. The IRS considers all playing winnings taxable profits, although or no longer it is an amount that does no longer receive reported to the IRS by the payer, love that $20 possess on a scratch off tag, or a lucky $250 when your numbers hit, even a $1,000 jackpot for your accepted slot machine. Sadly, playing taxes are due.
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