Category Archives: Gambling

Six Tips on Gambling Income and Losses

Posted on August 27, 2013 by Andrew Schwartz, CPA

From IRS News: Whether you roll the dice, play cards or bet on the ponies, all your winnings are taxable. The IRS offers these six tax tips for the casual gambler. 1. Gambling income includes winnings from lotteries, raffles, horse … Continue reading →

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