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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 …
Deducting your Gambling Losses on irs taxes. Visit http://avoidbeingaudited.com to learn how to deduction your gambling losses to thousands on your taxes.
If you play the ponies, play the cards, or pull the slots, your winnings are taxable. You must report them on your tax return. If you gamble these IRS tax tips can …
Net gambling losses are one of the most overlooked deductions and should not be forgotten in your tax return, says Greg Rosica, Ernst & Young tax partner and …
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