How Are Gambling Winnings Taxed?

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The receipt of substantial winnings is a separate reporting requirement from a change in income or resources Section 4009 of the Agricultural

Whether it's the slot machines or poker games, the IRS doesn't discriminate when it comes to reporting your gambling winnings How are gambling Understanding average payout When casinos advertise that their slot machines pay out an average of 90 percent, the fine print they don't want

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