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how much taxes do you pay on slot machine winnings

how much taxes do you pay on slot machine winnings

When do you need to pay taxes from gambling winnings? how much taxes do you pay on slot machine winnings Guidance and forms covering gambling duties Including, Bingo, Gaming, Lottery and Machine Games Duty, general betting duty and payments how to win slot game online What is form W-2G? · 1 $600 or more in earnings; · 2 $1,200 or more in earnings from bingo or slot machines; · 3 $1,500 or more in earnings from

how much to bet on slot machines If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding

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