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Do I have to pay taxes on my Bankroll U winnings?

General guidance on tax reporting for Bankroll U payouts

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Written by RJ Heller

Profits you earn through Bankroll U payouts may be taxable income, and we may issue a 1099 form (or equivalent) at the end of the year depending on your total earnings and location.

We recommend keeping your own records of payouts throughout the year and consulting a tax professional for guidance specific to your situation, since tax treatment can vary based on your total winnings and where you live.

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