The tax bill only allows them to deduct 90% of their gambling losses, meaning gamblers could have to pay taxes on money they actually lost. That makes the loss even worse and, in theory, ruins things ...
Starting this year, any slot machine jackpot under $2000 will not be taxed, the first change to the federal jackpot threshold ...
The tax bill only allows them to deduct 90% of their gambling losses, meaning gamblers could have to pay taxes on money they actually lost. That makes the loss even worse and, in theory, ruins things ...
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