Do You Have To Pay Taxes on Slot Machine Winnings?
Do You Have To Pay Taxes on Slot Machine Winnings?
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Under the current IRS policy, slot machine jackpot winnings of $1,200 or more require a W-2G tax form However, this threshold has not been
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poker face accordi It is not necessary to track every spin of a slot machine and sum all winning spins with all losing spins It is unnecessary to net wins and The IRS requires casinos to report slot machine wins of $1,200 or more When you win such a jackpot, you'll receive a W-2G form along with your