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re: Question for a CPA re: gambling winnings

Posted on 1/19/22 at 3:04 pm to
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/19/22 at 3:04 pm to
Gambling winnings can be offset with losses.

If he can get a statement from the website showing his wins and losses for the year, he only has to pay taxes on the net winnings.
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