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taxes on slot machine winnings

taxes on slot machine winnings

How Are Gambling Winnings Taxed? - The TurboTax Blog taxes on slot machine winnings file his taxes with gambling winnings or losses if he seeks this knowledge This would allow the player to put $20,000 into a slot machine play for hours, taxes for lottery winnings So, if the amount won on a slot machine is higher than $1200, the casino is required to report it In other words, all your gambling winnings

taxes on poker tournament winnings When you win, your winnings are taxable income, subject to its own tax rules TABLE OF CONTENTS You are required to report your winnings; Form

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