Gambling & prize tax

Portuguese translation: Imposto sobre os ganhos em jogos de azar

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Gambling & prize tax
Portuguese translation:Imposto sobre os ganhos em jogos de azar
Entered by: Marlene Curtis

18:05 Jan 5, 2010
English to Portuguese translations [PRO]
Bus/Financial - Law: Taxation & Customs / Taxes
English term or phrase: Gambling & prize tax
Does the concept really exist at all?
FNO
Imposto sobre os ganhos em jogos de azar
Explanation:
Yes, it does exist both in the USA and the UK.

PokerTips.org - Estratégia do pôquer - Banca - [ Translate this page ]
Também será útil quando chegar a hora de declarar os ganhos, se você mora em um país que tem imposto sobre os ganhos em jogos de azar (no Reino Unido, ...
pt.pokertips.org/strategy/bankroll.php - United Kingdom

Gambling and Prize Winnings
Friday June 23, 2006
Today's tax question comes from S. Hardage in Texas. She asks:
"If you win money through a drawing in the thousands, do you just pay taxes on that when you file your regular tax return and claim it as other income?"

That's right. Prizes, gambling winnings, lotteries, and awards you receive are taxable income. You report this as other income on Line 21 of Form 1040. Gamblers can deduct gambling losses, but only as an itemized deduction and only up to the amount of winnings
http://taxes.about.com/b/2006/06/23/gambling-and-prize-winni...
Selected response from:

Marlene Curtis
United States
Local time: 01:22
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3Imposto sobre os ganhos em jogos de azar
Marlene Curtis
4Jogos de azar e imposto sobre o prêmio
Thaiane Assumpção
4apostas & imposto sobre o prêmio
Elaine Cristine Franco


Discussion entries: 3





  

Answers


9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
gambling & prize tax
Imposto sobre os ganhos em jogos de azar


Explanation:
Yes, it does exist both in the USA and the UK.

PokerTips.org - Estratégia do pôquer - Banca - [ Translate this page ]
Também será útil quando chegar a hora de declarar os ganhos, se você mora em um país que tem imposto sobre os ganhos em jogos de azar (no Reino Unido, ...
pt.pokertips.org/strategy/bankroll.php - United Kingdom

Gambling and Prize Winnings
Friday June 23, 2006
Today's tax question comes from S. Hardage in Texas. She asks:
"If you win money through a drawing in the thousands, do you just pay taxes on that when you file your regular tax return and claim it as other income?"

That's right. Prizes, gambling winnings, lotteries, and awards you receive are taxable income. You report this as other income on Line 21 of Form 1040. Gamblers can deduct gambling losses, but only as an itemized deduction and only up to the amount of winnings
http://taxes.about.com/b/2006/06/23/gambling-and-prize-winni...

Marlene Curtis
United States
Local time: 01:22
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 70
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Isabel Maria Almeida
0 min
  -> Grata Isabel Maria!

agree  Thaiane Assumpção: Ops... 1 minuto antes! xD
2 mins
  -> Obrigada!

agree  Marcelo da Luz
39 mins
  -> Grata Marcelo!
Login to enter a peer comment (or grade)

10 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
gambling & prize tax
Jogos de azar e imposto sobre o prêmio


Explanation:
Não entendi o que você quis dizer com sua pergunta. Mas a tradução é essa.

Thaiane Assumpção
Brazil
Local time: 02:22
Native speaker of: Portuguese
Login to enter a peer comment (or grade)

19 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
gambling & prize tax
apostas & imposto sobre o prêmio


Explanation:
_

Elaine Cristine Franco
Brazil
Local time: 02:22
Native speaker of: Portuguese
PRO pts in category: 8
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