Do you have to pay taxes on money won at NC, VA casinos?

Do you have to pay taxes on money won at NC, VA casinos? do you have to pay taxes on slot machine winnings The state where you live generally taxes all your income — including gambling winnings However, if you travel to another state to place a bet, you might be doubleup ducks slot If you have won more than $5,000, the payer may be required to withhold 28% of the proceeds for Federal income tax However, if you did not provide your Social

doubleup ducks slot Under IRC § 1441, withholding of 30 percent is generally required on the payment of source income, including gambling income, to nonresident aliens

double diamond slot But it's not fun to pay taxes on the winnings Gamblers know that all winnings are taxable However, most people do not report their winnings unless he or she Note that this does not mean you are exempt from paying taxes or reporting the winnings Any and all gambling winnings must be reported to the IRS It only