Gambling taxes on your winnings are now not exempt. Whenever you happen to’re a U.S. citizen you owe Uncle Sam a share, regardless if won here or in a foreign nation. The IRS considers all playing winnings taxable earnings, even though or now not it’s an amount that does not get reported to the IRS by the payer, love that $20 grab on a scratch off tag, or a fortunate $250 when your numbers hit, even a $1,000 jackpot on your celebrated slot machine. Sadly, playing taxes are due.
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