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Pipsqueak Press

All In Against The Irs

All In Against The Irs

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An easy-to-read guide that explains everything gamblers need to know about taxes, including:
how gambling winnings are taxed
• when winnings are reported to the IRS by casinos
• when and how much tax is withheld from gambling winnings
• how to report winnings and document your losses
• the myths and realities of taxation of internet gambling
• completing a tax return for gambling winnings
• state income taxes on gambling, and
• how to qualify as a professional gambler.

The information in this book applies to all forms of gambling, including: slots, blackjack, craps, roulette, nternet poker, poker tournaments, horce racing, keno, lotteries, bingo, raffles, sweepstakes, and sports betting.

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