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What is the similarities and differences between legal gambling and illegal gambling?
you can get married . you can have childrens. you need to pay taxes.
Do residents of Louisiana have to pay taxes on online gambling winnings?
Yes they do. Gambling winnings are taxable no matter what state you live in for Federal taxes. State taxes may or may not be taxable but most likely it is taxable in the State as well.
Can you claim your gambling losses on your taxes if you have won a substantial amount Ohio?
Gambling winnings are offsettable with losses. All verifyable of course.
Nevada taxes that bring the largest revenue to the state?
Gambling Taxes: Taxes on gaming are the largest source of revenue for the states general fund, generating almost one half (1/2) of the states receipts. The bulk of this revenue comes from the state tax on the gross gambling income of the casinos.
what is the conclusion of The only representatives of the people of these colonies are persons chosen therein by themselves and that no taxes ever have been or can be constitutionally imposed on them?
"The only representatives of the people of these colonies are persons chosen therein by themselves and that no taxes ever have been or can be constitutionally imposed on them" is part of the Stamp Act. The conclusion is that the colonist who have no representation in the British government cannot be taxed by England.
What are some issues involved with gambling?
Some issues involved with gambling are: -crime(theft,larceny,embezzlement) -going bankrupt,having to pay taxes to government -seperates relationship with your spouse and rest of family because of gambling addiction
What are the Wisconsin gambling tax laws?
In Wisconsin, gambling winnings are subject to state income tax, and individuals must report all winnings on their tax returns. The state taxes gambling income at the standard income tax rates, which range from 3.54% to 7.65%. Additionally, gambling establishments are required to withhold federal taxes on certain winnings exceeding $5,000, and state taxes may also apply depending on the amount. Players should keep detailed records of their winnings and losses, as losses can be deducted up to the amount of winnings when itemizing deductions.
What is sin tax?
A sin tax is an unusually high excise taxes on cigarettes, liquor, gambling, and so on.
When do you pay taxes after winning a large sum of money?
You don't have to pay tax on gambling winnings in the UK.
What can be done to correct the habit of gambling?
You should probably contact Gambler's Anonymous.
Is it possible for me to correct my taxes after filing?
Yes, it is possible to correct your taxes after filing by filing an amended tax return with the IRS.
Is this how you spell pokertube?
For the gambling website, PokerTube is the correct spelling. However, anywhere else, the correct spelling would be poker tube.
