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I've always wondered about that aspect of US law. If lottery winnings are taxed, does that mean lottery tickets are tax-deductible?
by planetguy 14y ago
I've always wondered about that aspect of US law. If lottery winnings are taxed, does that mean lottery tickets are tax-deductible?
- dhugiaskmak 14y agoYou can deduct gambling losses up to the amount of gambling winnings (if any), yes.
- galfarragem 14y agoIn Portuguese stockmarket, if you have 1 winner stock and dozens of looser stocks, you still pay tax from the winner one..