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Do you have to pay tax on blackjack wins?
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Do you have to pay tax on blackjack wins?
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Do you have to pay tax on blackjack wins?
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The reason why Poker professionals have to pay income tax is because they make long term wins. What I see as very doubtful in Blackjack is that this is possible. Although I have heard from many people that they allegedly can. But the proof was always missing. A well-known poker highroller claims that here, for example:
Feel the hard "chatterbox vibes" in any case.
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Do you have to pay tax on blackjack wins?
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Do you have to pay tax on blackjack wins?
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Everything you still have then have to pay tax
Think the wins are always tax free
Another question, what if you win 50k in Las Vegas?
Everything over 10k you have to report
I do not think now that the tax deduct there
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Do you have to pay tax on blackjack wins?
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if nothing has changed, you pay from 1,200 win whopping 30% tax in Vegas. But at the big casinos you can fill out a form with an ITIN number and get the complete win.
If this is not possible, you will get the money later, since the USA and Germany have a double taxation agreement and the gambling winnings are tax-free for Germans.
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