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why do i have to itmeize for gambling winnings and losses
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why do i have to itmeize for gambling winnings and losses

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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 …

Gambling winnings are taxable and gambling losses can be deducted up to the amount of winnings. However, taxpayers need to itemize their deductions in …

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