Taxes on Gambling Winnings and Losses: 8 Tips to Remember

First some background about the evil IRS regs that plague gaming Did you know that if you made a $5 wager on a video slot machine game, and you

The cost of wagers during a tax year including amounts paid for lottery tickets, bingo games or cards, raffle tickets, slot machines card allotments, etc

slot pixies of the forest The withholding rate is 5 percent Reporting is required for slot machine winnings of $1,200 or more and pari-mutuel winnings of $600 or more, provided that the

slot foxin wins machines A machine that has no payout mechanism , and no reels or drums , but which appears to have all other characteristics of a slot machine and