0 votes
Are sportsbook winnings taxed?

2 Answers

+1 vote
There Are No Tax Exemptions in the United States Any and all winnings – from the lottery to bets placed at online sportsbooks – must be reported when you file taxes, even if they do not exceed $600. Any and all winnings – from the lottery to bets placed at online sportsbooks – must be reported when you file taxes.
0 votes
Income Taxes and Sports Betting: What should you know about tax on sports betting?



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