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In order to claim gambling losses as deductions on a tax return, records must be kept of all winnings and losses during the whole year. Understand all the …
Whether its slots or the ponies, Gambling winnings are taxable. Learn what is taxable and how to offset those gains.
Gambling losses can be taken as a deduction on your tax return but please keep in mind you can only deduct up to the amount that you won that year.
With the state working to close a projected $8 billion budget gap, Ohio’s four future casinos could be targeted for taxes.
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