| Gambling Income | |
 Any income that is the result of games of chance or wagers upon events with uncertain outcomes (gambling). This income is subject to taxation. |
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 Gambling income includes any money earned playing slot machines, bingo, or the lottery. It also includes money derived from betting on horse races, boxing, sumo wrestlers, and almost anything else. |
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 Gambling Income and Expenses - A short article on how the IRS addresses gambling income and losses. Catching a Lift on the Penny Express - The popularity of the penny stock market has grown, but are these stocks a safe bet? |
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