Gambling taxes on your winnings need to now not exempt. For these who are a U.S. citizen you owe Uncle Sam a section, regardless if won right here or foreign. The IRS considers all playing winnings taxable profits, even if or now not it’s an quantity that would now not win reported to the IRS by the payer, bask in that $20 snatch on a scratch off imprint, or a lucky $250 when your numbers hit, even a $1,000 jackpot on your well-liked slot machine. Sadly, playing taxes are due.
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