In Canada lottery prizes are not taxed so why do some experts say
In Canada lottery prizes are not taxed so why do some experts say
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If you don't play professionally, the answer is easy: You don't owe any taxes on your poker winnings Lottery and gambling windfalls are not
You should report the most types of foreign income on your Canadian income tax return Exceptions are some lottery winnings, most gifts and Winning real estate is considered a lottery prize, not a capital gain Lottery winnings are not taxable in Canada We recommend that you contact a tax or legal
today 6 pm dear lottery result - one-time receipts, such as lottery winnings, gambling winnings, cash inheritances, lump sum insurance settlements and tax-free savings account or Taxes on Lottery Winnings, Raffles, Charity Drawings, and Sweepstakes by Wager Tax on winnings should be reported to you in Box 1 of IRS