Gambling taxes on your winnings are not exempt. Whilst you happen to’re a U.S. citizen you owe Uncle Sam a allotment, regardless if acquired right here or foreign. The IRS considers all gambling winnings taxable earnings, even though or not it is an amount that doesn’t fetch reported to the IRS by the payer, esteem that $20 lift on a scratch off designate, or a lucky $250 when your numbers hit, even a $1,000 jackpot on your accepted slot machine. Sadly, gambling taxes are due.
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