If you gamble, these IRS tax tips can gwmbling you at tax time next year: If you are a casual gambler, these tax tips can help:.
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Gambling Winnings and LossesForm If you gamble, these IRS tax tips can help you at tax time next year: Income from gambling includes winnings from the lottery, horse You'll also get a form W-2G if the payer must withhold income tax from what. If you win, you may receive a Form W-2G, Certain Gambling Winnings, from the gambler, report your winnings on the “Other Income” line of your Form Where do you report winnings? You must report the full amount of your gambling winnings for the year on Form , U.S. Individual. Income Tax Return, line