Topic page for Gambling Winnings and Losses,Lottery Winnings,Gambling,Wagering,Winnings,Gaming Are gambling winnings taxable if won on a cruise ship? -... Are gambling winnings taxable if won on a cruise ship? Ship was in international waters. I received a W2-G for winnings from a slot machine. The amount was over $1,200. The cruise was on a Carnival Cruise Line ship that departed from Tampa, FL. International Water Gambling - martinval.com Alabama Tax Gambling Winnings. Cruise Ship Drinking Age - Vacationkids Western Canadian Poker Tournaments That three-nautical-mile distance. So here in these international waters, gambling is legal. people are boarding these cruise boats and heading out to this.Jan 20, 2017 .. Do they W2G on cruise ships? - New Life Games LLC
Cruise Ship Winnings - IRS - Casino City Times
... because the casino does not open until you are in international waters. ... Whether or not the cruise line has to withhold tax on winnings might be a ... not withhold tax on significant winnings because gambling winnings are ... Code of Laws - Title 3 - Chapter 11 - Gambling Cruise Act (3) "Intervening stop" occurs when a vessel departs the territorial waters of this .... the average daily percentage of winnings to losses for each gambling device ... Gambling on the high seas - Casino City Times Aug 30, 2014 ... What you need to know about cruise ship gambling and cruise ships to ... These boats simply go outside territorial waters and cruise around for ...
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Do I Have to Pay Taxes on Money Won on a Cruise Ship
May 28, 2008 · Winning money in international waters, do you get taxed? if you live in the states an you win money in international waters do you get taxed? Follow . 3 answers 3. You can only deduct your gambling losses up to your extent of gambling winnings. Moral; don't gamble. Source(s): ...
Gambling Log - The Tax CrusaderThe Tax Crusader must report all gambling winnings on your Tax Return as “Other Income". ... a foreign country or while in international waters on a cruise ship. TRUTH: Wrong! Alaska Online Casinos & Gambling Sites For Real Money Once in international waters, these ships allow gambling of all forms, but when at port and in ... How can you cash out winnings at Alaskan online casinos? Gambling Tax Refunds - Refund Management Services When you think of gambling in the U.S., you probably think of casinos in ... purveyors moved on to the unregulated (deemed “international”) waters of the .... one of these top destinations, your winnings may be subject to a 30% withholding tax ...
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winning money in international waters, do you get taxed ... 41 states begin their tax with your Federal adjusted gross income {FAGI}. Therefore, you are going to pay income tax on your winning to both the Federal govt and your state, if your state has income tax. You can only deduct your gambling losses if you can itemize. You can only deduct your gambling losses up to your extent of gambling winnings.