All in Agains the IRS
Author | : Stephen Fishman, J. D. |
Publisher | : |
Total Pages | : 150 |
Release | : 2014-02-01 |
ISBN-10 | : 0983290717 |
ISBN-13 | : 9780983290711 |
Rating | : 4/5 (17 Downloads) |
Book excerpt: Completely updated for 2014-2015, this easy-to-read up-to-date guide explains everything gamblers need to know about taxes, including: How gambling winnings are taxed; When winnings are reported to the IRS by casinos; When and how much tax is withheld from gambling winnings; How to report winnings and document losses; The myths and realities of taxation of internet gambling; Completing a tax return when you have gambling winnings; State income taxes on gambling; and How to qualify as a professional gambler. The information in this book applies to all forms of gambling, including: slots, blackjack, craps, roulette, internet poker, poker tournaments, horce racing, keno, lotteries, bingo, raffles, sweepstakes, and sports betting.