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For a more specific answer to your question, its best to consult with a tax professional.
Beyond these, the state also permits charitable gaming, sports betting, and fantasy sports, each with their own specific rules and regulations.
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Developer Response,
In most jurisdictions, any winnings from gambling are considered taxable income.
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Schedule C This form is used to report income from selfemployment, which may include gambling winnings if you are a professional gambler.
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