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my clock is stuck on 420 time to hit this bong
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Anything over 10k is taxable in Nevada unlike the worst state in New York anything over 600 bucks. Legalized gambling in Ny is a joke any profit takes a fucking beatdown
 

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Oct 18, 2008
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Any gambling winnings are taxable - regardless of the amount but there may not be withholding required, I think depending on the amount and/or the odds on the table game

You can deduct gambling losses but only to the extent of your winnings and I believe only if you itemize deductions. It won't stop them from withholding on the winnings if it meets the criteria, but you can probably get some of the withholding back when you file your tax return
 

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