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    If gambling losses are higher than gambling winnings do the winnings have to be counted as income?

    0  Views: 785 Answers: 3 Posted: 12 years ago

    3 Answers

    Not in Canada. Same goes for lottery winnings.

    Gamble winings are alsways taxable.Talk to your tax Adviser about how much you have to win before you count it on your taxs.Good Luck and Have a great day!!!!!!!!

    Yes!



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