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For essentially the most part, it’s as much as you to track your internet win or loss and pay taxes if you’re ahead at the end of the yr. However, authorized casinos are required by legislation to withhold taxes on any video poker or slot machine win of $1,200 or more. If you’ve misplaced some or all of that cash again, you could also be eligible for a refund once you file your return, assuming you monitor and report your losses.
