Thanks everyone the biggest person that is happy is uncle sam since he will get most of this for taxes
Thanks everyone the biggest person that is happy is uncle sam since he will get most of this for taxes
Tax?!?!?Omg do you guys have to pay taxes on your winnings?
ummm, everyone is technically supposed to pay taxes on any money won or earned.
If you itemize on your taxes, you could write off some of your gambling losses to help off set the tax, but yeah everyone is supposed to claim any money and pay taxes on it. 90% of people and the amounts they win is probably never claimed but technically you're supposed to.