Forms and publications that may be of You Won! What now?
of bonds, cars, houses, and other non-cash prizes. Example: If you pay $1.00 for a raffle ticket and win a $40,000 boat, you must include $40,000 in income. Where do you report winnings? You must report the full amount of your gambling winnings for the year on Form 1040, U.S. Individual ................
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