How much does the IRS tax gambling winnings?


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Sources

  • Bell, Kay. "Reporting gambling winnings." Bankrate. Feb. 3, 2014. (Sept. 22, 2014) http://www.bankrate.com/finance/money-guides/reporting-gambling-winnings.aspx
  • IRS. "Gambling Winnings Are Always Taxable Income." Aug. 19, 2014. (Sept. 22, 2014) http://www.irs.gov/uac/Gambling-Winnings-Are-Always-Taxable-Income
  • IRS. "Instructions for Forms W-2G and 5754." 2014. (Sept. 22, 2014) http://www.irs.gov/pub/irs-pdf/iw2g.pdf
  • Ritchie, Josh. "How Are Gambling Winnings Taxed?" TurboTax Blog. March 30, 2012. (Sept. 22, 2014) http://blog.turbotax.intuit.com/2012/03/30/how-are-gambling-winnings-taxed/
  • Roche, Yolanda S., E.A. and Roche, Roger C., E.A. "The Taxman Cometh." Las Vegas Review-Journal. 2014. (Sept. 22, 2014) http://www.reviewjournal.com/business/casinos-gaming/features/taxlaws.html
  • Taxpertise. "Uncle Sam Wants His Cut on Your Gambling Winnings." FOXBusiness. Sept. 20, 2013. (Oct. 30, 2014) http://www.foxbusiness.com/personal-finance/2013/09/19/uncle-sam-wants-his-cut-on-your-gambling-winnings/