June 15, 2010 - IRS Takes the Thrill Out of Gambling
By Oregon Tax News, Thanks to the IRS, successful gamblers may become losers. Those gamblers who win $600 from racetracks and state lotteries, $1,200 or more from slots or bingo, $1,500 from keno, or $5,000 from poker will receive a Form W-2G from the IRS to report their winnings. Federal […]