As a nonresident alien, are my gambling winnings exempt from
As a nonresident alien, are my gambling winnings exempt from
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is lottery winnings taxable in canada
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You should report the most types of foreign income on your Canadian income tax return Exceptions are some lottery winnings, most gifts and
winnings will be tax-exempt Even lottery winnings, big or small, are tax-free! If you are a professional gambler, however, it is a different story This The reason why the Canadian revenue agency is still reluctant about taxing gambling winnings is
video poker jacks or better strategy Windfalls, such as lottery winnings, inheritances, and certain types of gifts, are typically not subject to income tax—though their investment lotto prize may be subject While taxes vary by state and how lottery winnings are invested, a rough rule of thumb is that a lottery winner who takes a lump