Playing taxes for your winnings are no longer exempt. If you’re a U.S. citizen you owe Uncle Sam a piece, regardless if acquired right here or abroad. The IRS considers all gambling winnings taxable earnings, even when it’s an quantity that does no longer gather reported to the IRS by the payer, adore that $20 catch on a scratch off tag, or a lucky $250 when your numbers hit, even a $1,000 jackpot for your current slot machine. Sadly, gambling taxes are due.
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