Are gamblinglottery winnings subject to Michigan individual income
Are gamblinglottery winnings subject to Michigan individual income
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can you use losing lottery tickets on your taxes
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Evidence of losses can include your losing tickets, a daily log or journal of wins and losses, canceled checks, notes, etc You are not required
However, no such deductions can be claimed to reduce the winnings A TDS of % is charged irrespective of the deductions you are eligible for Gambling winnings are taxable, but what about gambling losses? Have a question you want to
82 lottery org result today If you have made money gambling, you can deduct any gambling expenses up to the amount of income you generated So, for $10, you could buy $1,000 worth of To claim a winning ticket with a value larger than $600, you must present proof of your Social Security number or Federal Tax ID number and a photo ID to prove