Is casino win money tax free

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Is the gain taxable in the U.S.? Are gambling losses deductible against the winnings? Does IRS require the Casino to withheld taxes? The answer is yes to all three questions. Tax TreatyĬanadian residents who go to Las Vegas and other USA venues for gambling may end up to be lucky and win a large amount of money.

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Click here to go to US Gambling Refund Application The Canada-U.S.

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