Tag: gambling wins and losses


Play your tax cards right with gambling wins and losses

If you gamble, be sure you understand the tax consequences. Both wins and losses can affect your income tax bill. And changes under the Tax Cuts and Jobs Act (TCJA) could also have an impact.

Wins and taxable income

You must report … Read More »

August 21st

Tax Planning. Comments Off on Play your tax cards right with gambling wins and losses

HOBERMAN & LESSER, LLP