727·330·3500    ·    Denise Mensa-Cohen, Enrolled Agent    ·    Office Located in Clearwater, Florida
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Tips for Recently Married or Divorced Taxpayers

Six Tips on Gambling Income and Losses

Whether you play the lottery, roll the dice, play cards, or bet on the ponies, all your winnings are taxable. If you’re a casual gambler, here are six tips on figuring gambling income and loss. 1. Gambling income includes winnings from lotteries, raffles, horse...

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