5 On Your Side

Bet and win? Be sure to report earnings on federal taxes

Any betting winnings must be reported as income, but losses can offset your federal tax bill.
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Any betting winnings must be reported as income, but losses can offset your federal tax bill.

Web Editor : Jodi Leese Glusco
Posted 2024-03-21T12:48:45-0400 - Updated 2024-03-21T12:48:45-0400