"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

However, there is no cash prize redemption element at a traditional social casino and you are only playing for fun. "BetRivers.net and Gambino Slots are examples of genuine social casinos ...

The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...