Gambling taxes for your winnings are no longer exempt. In the event you are a U.S. citizen you owe Uncle Sam a allotment, regardless if gained right here or in yet every other nation. The IRS considers all playing winnings taxable profits, even supposing it’s an quantity that doesn’t bag reported to the IRS by the payer, love that $20 take hang of on a scratch off tag, 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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