Jackpot! Slot-machine gamblers could keep more of their winnings

Requirements on Withholding Individual Income Tax on Winnings taxes on slot machine winnings What is form W-2G? · 1 $600 or more in earnings; · 2 $1,200 or more in earnings from bingo or slot machines; · 3 $1,500 or more in earnings from rainbow slot Whether the gambling winnings are $5 or $500,000, all amounts are taxable A taxpayer may deduct losses from wagering transactions to the extent

panda gendut slot This tax applies to various forms of gambling winnings, including money won from slot machines, table games, and even game shows While this