Tag Archives: Internal Revenue Service

Do Casinos Report Gambling Earnings to the IRS?

September 18, 2024 Gambling Comments Off on Do Casinos Report Gambling Earnings to the IRS?

You do not get to keep every penny you win while gambling. When you think of visiting a casino, you always want every penny of your money, but that is not usually the case. Gambling winnings are fully taxable, and the Internal Revenue Service (IRS) has mechanisms in place to …

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