Tax on slot machine winnings? - Las Vegas Forum

taxes on slot machine winnings
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Section 3402 of the IRC generally requires that gaming establishments withhold a tax of 25 percent of the winnings if the winnings

In federal tax laws, lottery scratch-off tickets are considered gambling winnings They are taxable income You may be able to deduct gambling

taxes on lottery winnings ohio If so, that means the government had a lucky night, too—your gambling winnings are taxable income But, wait—what happens at the casino stays at the casino

taxes on $5 Taxes on gambling winnings: You might get a Form W-2G · For bingo and slot machine winnings, the threshold is $1,200 · For keno winnings, the threshold is $1,500