Return to site

Taxes on sports gambling winnings nj

broken image
broken image
broken image
broken image

This article is limited to one or more Federal tax issues. Given the out-and-out lies and falsehoods that I see on the Internet, I’m going to present an in-depth guide to online gambling and taxes in the USA.ĭisclaimer: We are not providing legal or tax advice here. Several individuals have asked me to give an overview of online gambling and taxes. And yes, I claim my winnings on my tax return. I’ve been playing competitive poker, including tournaments, for several years. Since it’s that time again I decided to update this article to provide more concise answers to common questions about paying taxes on online gambling winnings in the US. Around April 15th this page starts getting a lot of visitors.

broken image