IRS tax on slot pull winnings?

Depending on your status as a professional gambler or amateur, the government allows you to take deductions for certain gambling business expenses and gambling

tax on certain payments of gambling winnings Treasury Decision 7787 adopted that earlier proposal , reserving those portions re- proposed

how to tell if a slot machine is hot These gambling winnings are subject to federal income tax withholding at a flat rate of 24% When the win is large enough, the payer ( , the

how to spot a progressive slot machine However, the Internal Revenue Code does identify gambling winnings as income, and even if the income is not reported by the casino, the taxpayer