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Are You Feeling Lucky? Irs Taxes On Wagers And Bookmakers: What You Should Know
Jan 30, 2024 — Sports betting taxes are a matter of personal convenience (theoretically) and a reflection of sports betting policies and regulations. However, the vast majority of people do not pay taxes on gambling winnings and may not want to start. As a result, there are many more questions than answers. We're going to take a look at the legality of sports betting as it pertains to taxes, and some common misconceptions.
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