The IRS wants to know about your lottery and sports betting wins

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Bingo, slots, sports betting. Whatever you played and won in 2022, the IRS wants to know about it when you file taxes in 2023.

“Their winnings are income. It's pure and simple. You need to report that income on your 1040 or you will get a letter from the IRS saying that you underreported your income and you might not like the results,” said Shane Albrecth, Liberty Tax General Manager.

READ MORE: https://www.wfmynews2.com/article/news/local/2-wants-to-know/bingo-slots-sports-bets-if-you-won-the-irs-wants-to-know-about-it-gambling-w2g-taxes-additioanl-income-jackpot-keno-1040-form/83-9636daba-962e-499f-923a-fb5b0ed49141

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