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Business & farm
@JJAndre wrote:the income is flowing to Schedule 1 as normal business income on line 3, not gambling income on line 8b,
so it's being taxed at the progressive rate, not the flat 24% for gambling income.
The program seems correct to me.
Why do you think it should be on line 8b and be taxed at a flat 24%?
‎December 9, 2024
7:19 PM