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can gambling winnings be offset by losses on turbo tax
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can gambling winnings be offset by losses on turbo tax

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Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance Gambling winnings …

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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Taxes on Gambling Winnings and Deducting Gambling Losses

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