Gambling taxes for your winnings aren’t exempt. Ought to you are a U.S. citizen you owe Uncle Sam a chunk, regardless if obtained right here or foreign. The IRS considers all gambling winnings taxable earnings, even supposing it’s an quantity that doesn’t glean reported to the IRS by the payer, love that $20 pick on a scratch off label, or a lucky $250 when your numbers hit, even a $1,000 jackpot for your well-liked slot machine. Sadly, gambling taxes are due.
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