Question: Question 6 ( 2 points ) Which of these statements about gambling is true? Question 6 options: a ) Gambling winnings are not subject to
Question points
Which of these statements about gambling is true?
Question options:
a
Gambling winnings are not subject to federal income tax.
b
Gambling winnings are only subject to federal income tax if the gambling winnings were derived from legal gambling.
c
Gambling winnings are subject to federal income tax to the full extent of your winnings regardless of your gambling losses even if you itemize your deductions.
d
Gambling winnings are subject to federal income tax regardless of whether the gambling from which the winnings were derived was legal or illegal.
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