Gambling taxes on your winnings are now not exempt. If you’re a U.S. citizen you owe Uncle Sam a fraction, regardless if gained here or abroad. The IRS considers all gambling winnings taxable income, despite the indisputable fact that it is an amount that would not bring collectively reported to the IRS by the payer, indulge in that $20 spend on a scratch off ticket, or a fortunate $250 when your numbers hit, even a $1,000 jackpot on your favorite slot machine. Sadly, gambling taxes are due.
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