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Jul 05, 2018 · Reporting Smaller Winnings. You also need to report any awards or prize money you won during the year in question. Yes, even if you only win $10, you still technically have to report it (even if the casino didn’t). Gambling income plus your job income (and any other income) equals your total income.
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What we mean is, use the many bonuses and comps that you can find online to play with the casinos money. When you make a first time deposit at an online casino, you are almost always given some type of bonus. These bonuses range from a few bucks, up to thousands of dollars. A good example would be a 100% match bonus up to $1,000. Make a deposit of $1,000 and you will actually have $2,000 to play with.
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