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taxes on slot machine winnings

taxes on slot machine winnings

Gambling Winnings on Form W2-G taxes on slot machine winnings Section 3402 of the IRC generally requires that gaming establishments withhold a tax of 25 percent of the winnings if the winnings duel at dawn slot In federal tax laws, lottery scratch-off tickets are considered gambling winnings They are taxable income You may be able to deduct gambling

nekobet99 slot Yes Gamblinglottery winnings are subject to Michigan individual income tax to the extent that they are included in your adjusted gross income The Michigan

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