Top 10 Outrageous Things You Are Taxed On | You Won’t Believe This
LyfeAccounting
JULY 1, 2021
Gambling Income. Gambling income is considered taxable income at the federal level, and may be taxable at your state level too. Gambling includes, but is not limited to, casinos, lotteries, fantasy sports, racetracks, game shows, and sweepstakes. If not, you may owe taxes on the benefits.
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