Weirdest things Canadians have tried to claim on their taxes

Moreover, you should use gambling losses as tax deductions only if the total of all your itemized deductions exceeds the standard deduction you're entitled to

Weirdest things Canadians have tried to claim on their taxes  Lottery winnings and costs in the are treated exactly the same as any other gambling winnings and costs You can deduct the costs of a lottery ticket but

Moreover, you should use gambling losses as tax deductions only if the total of all your itemized deductions exceeds the standard deduction you're entitled to

can you play poker online for money Prizes won in Iowa's Lotto America, Lucky for Life, Mega Millions and Powerball games must be claimed within 180 days of the drawing in which they were won How

you will get the entire amount in the cash pool, minus taxes Annuity Yes, if you purchased a Wisconsin lottery ticket you can still claim your prize

can you pass lottery winnings to family Therefore, if you lost $3,000 gambling, and won $1,000 of it back, only $1,000 can be deducted as a gambling loss on your tax return under

You are not permitted to set off any losses If you have any casual loss instead of income, the amount will not be subtracted from any of your